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The Effect of Housing Wealth Losses on Spending in the Great Recession
We use panel data on a complete inventory of household spending and assets to estimate the spending response to the sharp and largely unexpected declines in house values that occurred in the Great Recession. Our study complements the existing literature on this topic by relying exclusively on longit...
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| Published in: | Econ Inq |
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| Main Authors: | , , |
| Format: | Artigo |
| Language: | Inglês |
| Published: |
2018
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| Subjects: | |
| Online Access: | https://ncbi.nlm.nih.gov/pmc/articles/PMC7517609/ https://ncbi.nlm.nih.gov/pubmed/32981983 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1111/ecin.12753 |
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