Drivers of private consumption in the era of financialisation: new evidence for the European Union countries

This paper provides an empirical assessment of the effects of financialisation on private consumption using panel data for all 28 European Union countries from 1995 to 2015. According to the post Keynesian literature, financialisation exerts two contradictory effects on private consumption, notably...

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Bibliographic Details
Main Author: Barradas, Ricardo (author)
Format: workingPaper
Language:eng
Published: 2018
Subjects:
Private consumption
Financialisation
Labour income
Financial wealth
Housing wealth
European Union
Panel data
Least-squares dummy variable bias-corrected estimator
Online Access:http://hdl.handle.net/10071/15905
Country:Portugal
Oai:oai:repositorio.iscte-iul.pt:10071/15905

Internet

http://hdl.handle.net/10071/15905

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