Residential and stock market effects on consumption across Europe.
The aim of this paper is to explain private consumption as a function of income and wealth with data from European Union countries. To examine how the developments in housing and stock markets may have affected consumption behaviour, we adopt two econo- metric procedures. First, we use the Stock–Wat...
Main Author: | |
---|---|
Other Authors: | |
Format: | article |
Language: | eng |
Published: |
2014
|
Subjects: | |
Online Access: | http://hdl.handle.net/11328/836 |
Country: | Portugal |
Oai: | oai:repositorio.uportu.pt:11328/836 |