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...

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Bibliographic Details
Main Author: Pacheco, Luís Miguel (author)
Other Authors: Barata, José Martins (author)
Format: article
Language:eng
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/11328/836
Country:Portugal
Oai:oai:repositorio.uportu.pt:11328/836