Stock Market Developments and Private Consumer Spending in Emerging Markets

Stock Market Developments and Private Consumer Spending in Emerging Markets
Using a panel of 16 emerging markets, the paper finds a small but statistically significant effect of stock market developments on private consumption spending. In the short run, a 10 percent decline in the annual real stock market return is associated with a reduction in real private consumption by around 0.1-0.3 percent on average. There is... READ MORE...

Publication date: December 2002
ISBN 9781451875751
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: December 2002

PDF

Publication date: December 2002

ePub

Publication date: December 2002

Mobi

Publication date: December 2002

English