A large number of studies have investigated changes in stock market value on consumption expenditure and have attempted to identify and quantify the magnitude of the 'wealth effect'. Many of these studies have assumed the impact on consumption expenditure from changes in stock market value to be symmetric. The objective of this study is to investigate whether changes in stock market value influences consumption expenditure asymmetrically for the US.10 page(s
Many argue that the astonishing growth in Americans' stock portfolios in the 1990s has been a major ...
Purpose – The purpose of this paper is to analyze the influences of real share prices on aggregate c...
This paper argues that nonlinear adjustment may provide a better explanation of fluctuations in the ...
This paper examines whether U.S. stock-market wealth asymmetrically affects consumption. After ident...
This paper investigates the presence of asymmetric effects of stock returns on real consumption in t...
This paper investigates whether stock market wealth affects real consumption asymmetrically through ...
72560 Document complet disponible sur OLIS dans son format d'origine Complete document availabl...
Recent fluctuations of financial markets, especially, stock markets fluctuations, have revived the i...
This paper provides evidence that wealth in the form of stock ownership affects consumption and that...
This paper uses time-series analysis techniques to examine the wealth effects of the stock market in...
The linkage between stock market and aggregate consumption has been extensively studied in the conte...
A relatively strong performance of the North American stock markets during the last two decades, not...
There is a long history of examining the relationship between consumption and wealth. The recent sub...
The paper provides an empirical analysis of the effect of stock prices on consumer expenditure throu...
This paper investigates the effects of stock market wealth on consumer spending. Basic macroeconomet...
Many argue that the astonishing growth in Americans' stock portfolios in the 1990s has been a major ...
Purpose – The purpose of this paper is to analyze the influences of real share prices on aggregate c...
This paper argues that nonlinear adjustment may provide a better explanation of fluctuations in the ...
This paper examines whether U.S. stock-market wealth asymmetrically affects consumption. After ident...
This paper investigates the presence of asymmetric effects of stock returns on real consumption in t...
This paper investigates whether stock market wealth affects real consumption asymmetrically through ...
72560 Document complet disponible sur OLIS dans son format d'origine Complete document availabl...
Recent fluctuations of financial markets, especially, stock markets fluctuations, have revived the i...
This paper provides evidence that wealth in the form of stock ownership affects consumption and that...
This paper uses time-series analysis techniques to examine the wealth effects of the stock market in...
The linkage between stock market and aggregate consumption has been extensively studied in the conte...
A relatively strong performance of the North American stock markets during the last two decades, not...
There is a long history of examining the relationship between consumption and wealth. The recent sub...
The paper provides an empirical analysis of the effect of stock prices on consumer expenditure throu...
This paper investigates the effects of stock market wealth on consumer spending. Basic macroeconomet...
Many argue that the astonishing growth in Americans' stock portfolios in the 1990s has been a major ...
Purpose – The purpose of this paper is to analyze the influences of real share prices on aggregate c...
This paper argues that nonlinear adjustment may provide a better explanation of fluctuations in the ...