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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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Publicado en:Econ Inq
Autores principales: Angrisani, Marco, Hurd, Michel D., Rohwedder, Susann
Formato: Artigo
Lenguaje:Inglês
Publicado: 2018
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Acceso en línea: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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