Housing wealth effect on consumption: Evidence from household level data

被引：13

作者：

Cho, Sungwon ^{[1
]}

机构：

[1] Korea Capital Market Inst, Seoul 150974, South Korea

来源：

ECONOMICS LETTERS | 2011年 / 113卷 / 02期

关键词：

Wealth effect; House price; Household consumption; PRICES;

D O I：

10.1016/j.econlet.2011.07.011

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the effect of house price changes on household consumption. Regression results indicate a positive and significant housing wealth effect for the high income households being offset by a negative wealth effect of the low income household group. (C) 2011 Elsevier B.V. All rights reserved.

引用

页码：192 / 194

页数：3

共 6 条

[1] Real estate versus financial wealth in consumption [J].