Analyzing the Effects of Financial and Housing Wealth on Consumption using Micro Data /
This paper analyzes the existence of 'wealth effects' derived from net equity (in the form of housing, financial assets, and total net worth) on consumption. The study uses longitudinal household-level data?from the Panel Study of Income Dynamics (PSID) ?covering about 7,000-9,000 househol...
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
2019.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2019/115 |
| Dostęp online: | Full text available on IMF |