losses in housing and in their financial portfolios, and that a non-trivial fraction of respondents have lost their job. As a … to consume with respect to housing and financial wealth are 1 and 3.3 percentage points, respectively. In addition, those …

losses in housing and in their financial portfolios, and that a non-trivial fraction of respondents have lost their job. As a … to consume with respect to housing and financial wealth are 1 and 3.3 percentage points, respectively. In addition, those …

capital losses in housing and financial wealth, and that 5% of respondents lost their job during the Great Recession. For … every loss of 10% in housing and financial wealth, the estimated drop in household expenditure was about 0.56% and 0 …

capital losses in housing and financial wealth, and that 5% of respondents lost their job during the Great Recession. As a … consequence of these shocks, many households reduced substantially their expenditures. For every 10% loss in housing and financial …

assess the impact of financial deregulation on global wealth and on its different components (financial, housing and others) ... …

borrow for current consumption on the basis of their housing wealth, and the easing of borrowing constraints has often been … accompanied by sizeable withdrawal of housing equity. The analysis presented in the paper and a review of existing empirical work …

constant time invariant wealth, housing, and income relations. Even more important, wealth composition is shown to be a … significant determinant of consumption. The marginal effects of housing wealth, financial wealth, and income differ substantially … effects, have substantially higher marginal effects associated with stock holdings, and have housing equity effects that …