Add to ORKGThis paper investigates the effects of stock market wealth on consumer spending. Basic macroeconometric models estimate that a Saudi Riyal's increase in stock market wealth boosts consumer spending by 7-9 Halals per year. With the significant 2004 and 2005 rise in stock prices in Saudi financial market, the nature and importance of this wealth effect have been much debated. After reviewing previous works, we find new evidence from the Direct Survey of Income Consumption(DSOIC). The survey results are mostly consistent with lifecycle saving and a modest wealth effect. Some stockholders reported substantial effect of stock prices on their saving and spending
I investigate the effect of wealth on consumption in a new dataset with financial and housing wealth...
We examine the link between increases in housing wealth, financial wealth, and consumer spending. We...
There is a long history of examining the relationship between consumption and wealth. The recent sub...
This paper provides evidence that wealth in the form of stock ownership affects consumption and that...
Many argue that the astonishing growth in Americans' stock portfolios in the 1990s has been a major ...
A relatively strong performance of the North American stock markets during the last two decades, not...
A large number of studies have investigated changes in stock market value on consumption expenditure...
Abstract We examine the link between increases in housing wealth, financial wealth, and consumer spe...
Recent fluctuations of financial markets, especially, stock markets fluctuations, have revived the i...
This paper uses time-series analysis techniques to examine the wealth effects of the stock market in...
We examine the link between increases in housing wealth, financial wealth, and consumer spending. We...
This paper investigates the relationship of the stock market and consumer spending between October, ...
In this paper, we examine the phenomenon known as the wealth effect and its impact on consumption. B...
The wealth effects on consumption are a subject of continuing interest to economists. The convention...
The study primarily explores the linkage between wealth effects, arising from stock and housing mark...
I investigate the effect of wealth on consumption in a new dataset with financial and housing wealth...
We examine the link between increases in housing wealth, financial wealth, and consumer spending. We...
There is a long history of examining the relationship between consumption and wealth. The recent sub...
This paper provides evidence that wealth in the form of stock ownership affects consumption and that...
Many argue that the astonishing growth in Americans' stock portfolios in the 1990s has been a major ...
A relatively strong performance of the North American stock markets during the last two decades, not...
A large number of studies have investigated changes in stock market value on consumption expenditure...
Abstract We examine the link between increases in housing wealth, financial wealth, and consumer spe...
Recent fluctuations of financial markets, especially, stock markets fluctuations, have revived the i...
This paper uses time-series analysis techniques to examine the wealth effects of the stock market in...
We examine the link between increases in housing wealth, financial wealth, and consumer spending. We...
This paper investigates the relationship of the stock market and consumer spending between October, ...
In this paper, we examine the phenomenon known as the wealth effect and its impact on consumption. B...
The wealth effects on consumption are a subject of continuing interest to economists. The convention...
The study primarily explores the linkage between wealth effects, arising from stock and housing mark...
I investigate the effect of wealth on consumption in a new dataset with financial and housing wealth...
We examine the link between increases in housing wealth, financial wealth, and consumer spending. We...
There is a long history of examining the relationship between consumption and wealth. The recent sub...