Analyzing the Effects of Financial and Housing Wealth on Consumption using Micro Data

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 households in the U.S., with the estimations carried over the... READ MORE...

Publication date: May 2019
ISBN 9781498316477
$18.00

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