Sunday, 24 February 2013

Market Wealth Effects Business Insider

 

Market-Wealth Effects - Business Insider

www.businessinsider.com2/23/13

They found that the elasticity estimates of consumption with respect to housing wealth dropped from 0.05 in the '93-'07 period to 0.033 across the longer, '93-'12 one that includes the financial crisis. In the case of stock market ...

 

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