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The wealth effect in empirical life-cycle aggregate consumption equations
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Cited by:
- Gabriel Vasco J. & Alexandre Fernando & Bação Pedro, 2008.
"The Consumption-Wealth Ratio under Asymmetric Adjustment,"
Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 12(4), pages 1-32, December.
- Vasco Gabriel & Fernando Alexandre & Pedro Bação, 2007. "The Consumption-Wealth Ratio Under Asymmetric Adjustment," GEMF Working Papers 2007-06, GEMF, Faculty of Economics, University of Coimbra.
- Fernando Alexandre & Vasco J. Gabriel & Pedro Bação, 2007. "The Consumption-Wealth Ratio Under Asymmetric Adjustment," NIPE Working Papers 15/2007, NIPE - Universidade do Minho.
- Ciarlone, Alessio, 2011. "Housing wealth effect in emerging economies," Emerging Markets Review, Elsevier, vol. 12(4), pages 399-417.
- Hanna Karolina Szymborska, 2022.
"Rethinking inequality in the 21st century – inequality and household balance sheet composition in financialized economies,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 45(1), pages 24-72, January.
- Szymborska, Hanna Karolina, 2020. "Rethinking inequality in the 21st century – inequality and household balance sheet composition in financialized economies," CAFE Working Papers 3, Centre for Accountancy, Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University.
- Abdulaziz Hamad Algaeed, 2017. "The Effects of Asymmetric Oil Price Shocks on the Saudi Consumption: An Empirical Investigation," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 99-107.
- Fukunari KIMURA & Han PHOUMIN, . "Energy Market Integration in EAST Asia: Energy Trade, Cross Border Electricity, and Price Mechanism," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2013-rpr-29 edited by Fukunari KIMURA & Han PHOUMIN, July.
- Eckhard Hein & Walter Paternesi Meloni & Pasquale Tridico, 2021.
"Welfare models and demand-led growth regimes before and after the financial and economic crisis,"
Review of International Political Economy, Taylor & Francis Journals, vol. 28(5), pages 1196-1223, October.
- Eckhard Hein & Walter Paternesi Meloni & Pasquale Tridico, 2019. "Welfare models and demand-led growth regimes before and after the financial and economic crisis," FMM Working Paper 41-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Hein, Eckhard & Dodig, Nina & Budyldina, Natalia, 2014.
"Financial, economic and social systems: French Regulation School, Social Structures of Accumulation and Post-Keynesian approaches compared,"
IPE Working Papers
34/2014, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein & Nina Dodig & Natalia Budyldina, 2014. "Financial, economic and social systems: French Regulation School, Social Structures of Accumulation and Post-Keynesian approaches compared," Working papers wpaper22, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
- Detzer, Daniel, 2019. "Financialization made in Germany: A review," IPE Working Papers 122/2019, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Vighneswara Swamy, 2019. "Wealth Effects and Macroeconomic Dynamics," Economics Bulletin, AccessEcon, vol. 39(3), pages 1755-1773.
- Apergis, Nicholas & Miller, Stephen M., 2006.
"Consumption asymmetry and the stock market: Empirical evidence,"
Economics Letters, Elsevier, vol. 93(3), pages 337-342, December.
- Nicholas Apergis & Stephen M. Miller, 2004. "Consumption Asymmetry and the Stock Market: Empirical Evidence," Working papers 2004-43, University of Connecticut, Department of Economics, revised Apr 2006.
- Simone Salotti, 2012.
"Wealth Effects in the US: Evidence from the Combination of Two Surveys,"
The Economic and Social Review, Economic and Social Studies, vol. 43(1), pages 67-98.
- Salotti, Simone, 2010. "Wealth effect in the US: evidence from the combination of two surveys," MPRA Paper 27352, University Library of Munich, Germany.
- Detzer, Daniel & Hein, Eckhard, 2014.
"Financialisation and the financial and economic crises: The case of Germany,"
IPE Working Papers
44/2014, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Daniel Detzer & Eckhard Hein, 2014. "Financialisation and the Financial and Economic Crises: The Case of Germany," FESSUD studies fstudy18, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
- Eva Sierminska & Yelena Takhtamanova, 2006.
"Wealth Effects Out of Financial and Housing Wealth: Cross Country and Age Group Comparisons,"
LWS Working papers
4, LIS Cross-National Data Center in Luxembourg.
- Eva Sierminska & Yelena Takhtamanova, 2007. "Wealth effects out of financial and housing wealth: cross country and age group comparisons," Working Paper Series 2007-01, Federal Reserve Bank of San Francisco.
- Alessio Ciarlone, 2012. "Wealth effects in emerging economies," Temi di discussione (Economic working papers) 843, Bank of Italy, Economic Research and International Relations Area.
- Andriy Avramenko & Michael R. Donihue, 2006. "Decomposing consumer wealth effects: evidence on the role of real estate assets following the wealth cycle of 1990-2002," Working Papers 06-15, Federal Reserve Bank of Boston.
- Dolmas, Jim, 2003. "A note on the potential pitfalls in estimating a 'wealth effect' on consumption from aggregate data," Economics Letters, Elsevier, vol. 78(3), pages 437-441, March.
- Sheng Guo & Umut Unal, 2011. "VAR Estimates of the Housing and Stock Wealth Effects: Cross-country Evidence," Working Papers 1103, Florida International University, Department of Economics.
- repec:era:chaptr:2013-rpr-29-13 is not listed on IDEAS
- Yuri Peers & Harald J. van Heerde & Marnik G. Dekimpe, 2017. "Marketing Budget Allocation Across Countries: The Role of International Business Cycles," Marketing Science, INFORMS, vol. 36(5), pages 792-809, September.
- Sousa, Ricardo M., 2009.
"Wealth effects on consumption: evidence from the euro area,"
Working Paper Series
1050, European Central Bank.
- Ricardo M. Sousa, 2009. "Wealth Effetcs on Consumption: Evidence from the euro area," NIPE Working Papers 12/2009, NIPE - Universidade do Minho.
- Cong Chen & Changsheng Hu & Hongxing Yao, 2022. "Noise Trader Risk and Wealth Effect: A Theoretical Framework," Mathematics, MDPI, vol. 10(20), pages 1-18, October.
- Hongyun Han & Fan Si, 2020. "How Does the Composition of Asset Portfolios Affect Household Consumption: Evidence from China Based on Micro Data," Sustainability, MDPI, vol. 12(7), pages 1-17, April.
- Robert-Paul Berben & Kerstin Bernoth & Mauro Mastrogiacomo, 2007.
"Households' response to wealth changes: do gains or losses make a difference?,"
IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the IFC Conference on "Measuring the financial position of the household sector", Basel, 30-31 August 2006 - Volume 1, volume 25, pages 145-160,
Bank for International Settlements.
- Robert Paul Berben & Kerstin Bernoth & Mauro Mastrogiacomo, 2006. "Households' Response to Wealth Changes: Do Gains or Losses make a Difference?," DNB Working Papers 090, Netherlands Central Bank, Research Department.
- Mauro Mastrogiacomo & R.P. Berben & K. Bernoth, 2006. "Households' response to wealth changes; do gains or losses make a difference," CPB Discussion Paper 63.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
- Hein, Eckhard, 2017. "Financialisation and tendencies towards stagnation: The role of macroeconomic regime changes in the course of and after the financial and economic crisis 2007-9," IPE Working Papers 90/2017, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Dünhaupt, Petra & Hein, Eckhard, 2018. "Financialisation, distribution & the macroeconomic regimes before & after the crisis: A post-Keynesian view on Denmark, Estonia & Latvia," IPE Working Papers 104/2018, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Caporale, Guglielmo Maria & Sousa, Ricardo M., 2016.
"Consumption, wealth, stock and housing returns: Evidence from emerging markets,"
Research in International Business and Finance, Elsevier, vol. 36(C), pages 562-578.
- Guglielmo Maria Caporale & Ricardo M. Sousa, 2011. "Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets," CESifo Working Paper Series 3601, CESifo.
- Guglielmo Maria Caporale & Ricardo M. Sousa, 2011. "Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets," NIPE Working Papers 32/2011, NIPE - Universidade do Minho.
- Guglielmo Maria Caporale & Ricardo M. Souza, 2011. "Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets," Discussion Papers of DIW Berlin 1159, DIW Berlin, German Institute for Economic Research.
- Carl D. Lantz & Pierre-Daniel G. Sarte, 2001. "Consumption, savings, and the meaning of the wealth effect in general equilibrium," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 53-71.
- Dayong ZHANG & David C. Broadstock, 2014. "Impact of International Oil Price Shocks on Consumption Expenditures in ASEAN and East Asia," Working Papers DP-2014-24, Economic Research Institute for ASEAN and East Asia (ERIA).
- Joanne Cutler, 2004. "The Relationship between Consumption, Income and Wealth in Hong Kong," Working Papers 012004, Hong Kong Institute for Monetary Research.
- Yener Coskun & Burak Sencer Atasoy & Giacomo Morri & Esra Alp, 2018. "Wealth Effects on Household Final Consumption: Stock and Housing Market Channels," IJFS, MDPI, vol. 6(2), pages 1-32, June.
- Fernando Alexandre & Pedro Bação & Vasco J. Gabriel, 2005.
"On the Stability of the Wealth Effect,"
School of Economics Discussion Papers
1405, School of Economics, University of Surrey.
- Fernando Alexandre & Pedro Bação & Vasco Gabriel, 2005. "On the Stability of the Wealth Effect," GEMF Working Papers 2005-17, GEMF, Faculty of Economics, University of Coimbra.
- Pedro Bação & Fernando Alexandre & Vasco J. Gabriel, 2006. "On the stability of the wealth effect," Computing in Economics and Finance 2006 281, Society for Computational Economics.
- Fernando Alexandre & Pedro Bação & Vasco J. Gabriel, 2005. "On the Stablity of the Wealth Effect," NIPE Working Papers 14/2005, NIPE - Universidade do Minho.
- Nina Dodig & Eckhard Hein & Daniel Detzer, 2016.
"Financialisation and the financial and economic crises: theoretical framework and empirical analysis for 15 countries,"
Chapters, in: Eckhard Hein & Daniel Detzer & Nina Dodig (ed.), Financialisation and the Financial and Economic Crises, chapter 1, pages 1-41,
Edward Elgar Publishing.
- Dodig, Nina & Hein, Eckhard & Detzer, Daniel, 2015. "Financialisation and the financial and economic crises: Theoretical framework and empirical analysis for 15 countries," IPE Working Papers 54/2015, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Nina Dodig & Eckhard Hein & Daniel Detzer, 2015. "Financialisation and the financial and economic crises: Theoretical framework and empirical analysis for 15 countries," Working papers wpaper110, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
- Swamy, Vighneswara, 2017. "Wealth Effects and Macroeconomic Dynamics – Evidence from Indian Economy," MPRA Paper 76836, University Library of Munich, Germany.
- Peltonen, Tuomas A. & Sousa, Ricardo M. & Vansteenkiste, Isabel S., 2012.
"Wealth effects in emerging market economies,"
International Review of Economics & Finance, Elsevier, vol. 24(C), pages 155-166.
- Peltonen, Tuomas A. & Sousa, Ricardo M. & Vansteenkiste, Isabel, 2009. "Wealth effects in emerging market economies," Working Paper Series 1000, European Central Bank.
- Tuomas A. Peltonen & Ricardo M. Sousa & Isabel S. Vansteenkiste, 2009. "Wealth Effects in Emerging Market Economies," NIPE Working Papers 4/2009, NIPE - Universidade do Minho.
- Zhang, Dayong & Broadstock, David C. & Cao, Hong, 2014. "International oil shocks and household consumption in China," Energy Policy, Elsevier, vol. 75(C), pages 146-156.
- Nicholas Apergis & Stephen M. Miller, 2005. "Resurrecting the Wealth Effect on Consumption: Further Analysis and Extension," Working papers 2005-57, University of Connecticut, Department of Economics.
- Hein, Eckhard, 2011.
"Distribution, 'financialisation' and the financial and economic crisis: Implications for post-crisis economic policies,"
IPE Working Papers
09/2011, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Hein, Eckhard, 2011. "Distribution, ‘Financialisation’ and the Financial and Economic Crisis – Implications for Post-crisis Economic Policies," MPRA Paper 31180, University Library of Munich, Germany.
- Ludwig, Alexander & Sløk, Torsten, 2004.
"The relationship between stock prices, house prices and consumption in OECD,"
Sonderforschungsbereich 504 Publications
04-12, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Ludwig, Alexander & Slok, Torsten, 2004. "The relationship between stock prices, house prices and consumption in OECD," Papers 04-12, Sonderforschungsbreich 504.
- Hein, Eckhard, 2018. "Inequality and growth: Marxian and post-Keynesian/Kaleckian perspectives on distribution and growth regimes before and after the Great Recession," IPE Working Papers 96/2018, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Joanne Cutler, 2004. "The Relationship between Consumption, Income and Wealth in Hong Kong," Macroeconomics 0403013, University Library of Munich, Germany.
- William R. Cline, 2010. "Financial Globalization, Economic Growth, and the Crisis of 2007-09," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 499, April.
- Yash P. Mehra & Jon D. Petersen, 2005. "Oil prices and consumer spending," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 91(Sum), pages 51-70.
- Mr. Alexander Ludwig & Mr. Torsten M Sloek, 2002. "The Impact of Changes in Stock Prices and House Priceson Consumption in OECD Countries," IMF Working Papers 2002/001, International Monetary Fund.
- Ludwig Alexander & Sløk Torsten, 2004.
"The Relationship between Stock Prices, House Prices and Consumption in OECD Countries,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 4(1), pages 1-28, March.
- Alexander Ludwig & Torsten Sløk, 2004. "The relationship between stock prices, house prices and consumption in OECD countries," MEA discussion paper series 04044, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Apergis, Nicholas & Bouras, Christos & Christou, Christina & Hassapis, Christis, 2018. "Multi-horizon wealth effects across the G7 economies," Economic Modelling, Elsevier, vol. 72(C), pages 165-176.
- Paradiso, Antonio & Casadio, Paolo & Rao, B. Bhaskara, 2012. "US inflation and consumption: A long-term perspective with a level shift," Economic Modelling, Elsevier, vol. 29(5), pages 1837-1849.
- Holinski, N. & Vermeulen, R., 2009. "The international wealth effect : a global error-correcting analysis," Research Memorandum 019, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Deleersnyder, B. & Dekimpe, M.G. & Sarvary, M. & Parker, P.M., 2003. "Weathering Tight Economic Times: The Sales Evolution Of Consumer Durables Over The Business Cycle," ERIM Report Series Research in Management ERS-2003-046-MKT, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
- Eckhard Hein, 2009. "A (Post-) Keynesian perspective on "financialisation"," IMK Studies 01-2009, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Eva Sierminska & Yelena Takhtamanova, 2008. "The Effect of Wealth on Consumption Expenditures: Cross Country and Cross Socio-Demographic Group Comparisons," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 20.
- Nicoletta Batini & Mr. Luc Eyraud & Miss Anke Weber, 2014. "A Simple Method to Compute Fiscal Multipliers," IMF Working Papers 2014/093, International Monetary Fund.
- Bruno Eugène & Philippe Jeanfils & Benoît Robert, 2003. "La consommation privée en Belgique," Working Paper Document 39, National Bank of Belgium.
- Nicholas Apergis & Stephen M. Miller, 2004. "Consumption Asymmetry and the Stock Market: Further Evidence," Working papers 2004-19, University of Connecticut, Department of Economics.
- Ramiz Rahmanov, 2013. "Stock Market Wealth Effects in Emerging Economies of Eastern Europe: Evidence from Russia and Ukraine," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 5(1).
- Elliot W. Martin & Yash P. Mehra, 2003. "Why does consumer sentiment predict household spending?," Economic Quarterly, Federal Reserve Bank of Richmond, vol. 89(Fall), pages 51-67.
- Eckhard Hein, 2012.
"Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model,"
PSL Quarterly Review, Economia civile, vol. 65(260), pages 11-51.
- Hein, Eckhard, 2011. "Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model," MPRA Paper 34115, University Library of Munich, Germany.
- Hein, Eckhard, 2011. "Finance-dominated capitalism, re-distribution, household debt and financial fragility in a Kaleckian distribution and growth model," IPE Working Papers 11/2011, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Hein, Eckhard & Dodig, Nina, 2014.
"Financialisation, distribution, growth and crises: Long-run tendencies,"
IPE Working Papers
35/2014, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Eckhard Hein & Nina Dodig, 2014. "Financialisation, distribution, growth and crises – long-run tendencies," Working papers wpaper23, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
- Eckhard Hein, 2012. "The Macroeconomics of Finance-Dominated Capitalism – and its Crisis," Books, Edward Elgar Publishing, number 14931.
- Robert-Paul Berben & Kerstin Bernoth & Mauro Mastrogiacomo, 2007.
"Households' response to wealth changes: do gains or losses make a difference?,"
IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the IFC Conference on "Measuring the financial position of the household sector", Basel, 30-31 August 2006 - Volume 1, volume 25, pages 145-160,
Bank for International Settlements.
- Mauro Mastrogiacomo & R.P. Berben & K. Bernoth, 2006. "Households' response to wealth changes; do gains or losses make a difference," CPB Discussion Paper 63, CPB Netherlands Bureau for Economic Policy Analysis.
- La Saidi & Pasrun Adam & Rostin & Zainuddin Saenong & Muh. Yani Balaka & Gamsir & Asmuddin & Salwiah, 2017. "The Effect of Stock Prices and Exchange Rates on Economic Growth in Indonesia," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 527-533.
- Simone Salotti, 2010.
"An appraisal of the wealth effect in the US: evidence from pseudo-panel data,"
Working Papers - Mathematical Economics
2010-06, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
- Salotti, Simone, 2010. "An appraisal of the wealth effect in the US: evidence from pseudo-panel data," MPRA Paper 27351, University Library of Munich, Germany, revised Dec 2010.
- Li-gang Liu & Laurent Pauwels & Andrew Tsang, 2007. "Hong Kong's Consumption Function Revisited," Working Papers 0716, Hong Kong Monetary Authority.
- Ahec Šonje, Amina & Čeh Časni, Anita & Vizek, Maruška, 2014. "The effect of housing and stock market wealth on consumption in emerging and developed countries," Economic Systems, Elsevier, vol. 38(3), pages 433-450.
- Xiaorong Zhou & Meng-Shiuh Chang & Karen Gibler, 2016. "The asymmetric wealth effects of housing market and stock market on consumption in China," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 21(2), pages 196-216, April.
- Zhang, Yixing & Jia, Qinmin & Chen, Chen, 2021. "Risk attitude, financial literacy and household consumption: Evidence from stock market crash in China," Economic Modelling, Elsevier, vol. 94(C), pages 995-1006.
- Barrell, Ray & Costantini, Mauro & Meco, Iris, 2015. "Housing wealth, financial wealth, and consumption: New evidence for Italy and the UK," International Review of Financial Analysis, Elsevier, vol. 42(C), pages 316-323.
- Nicholas Apergis & Stephen M. Miller, 2005. "Consumption asymmetry and the stock market: New evidence through a threshold adjustment model," Working papers 2005-08, University of Connecticut, Department of Economics.
- Anita Èeh Èasni, 2014. "Housing Wealth Effect on Personal Consumption: Empirical Evidence from European Post-Transition Economies," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 64(5), pages 392-406, November.
- Alexandre, Fernando & Bacao, Pedro & Gabriel, Vasco J., 2007. "Volatility in asset prices and long-run wealth effect estimates," Economic Modelling, Elsevier, vol. 24(6), pages 1048-1064, November.
- Časni Anita Čeh, 2016. "Is there a housing wealth effect in European countries?," Croatian Review of Economic, Business and Social Statistics, Sciendo, vol. 2(2), pages 30-40, December.
- Maruška Vizek, 2011. "The Influence of Stock Market and Housing Wealth on Consumption Expenditures in Transition Countries," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 3(1).
- Čeh Časni Anita & Dumičić Ksenija & Tica Josip, 2016. "The Panel VAR Approach to Modelling the Housing Wealth Effect: Evidence from selected European post-transition economies," Naše gospodarstvo/Our economy, Sciendo, vol. 62(4), pages 23-32, December.
- Hein, Eckhard, & Mundt, Matthias., 2012. "Financialisation and the requirements and potentials for wage-led recovery : a review focussing on the G20," ILO Working Papers 994709323402676, International Labour Organization.
- Luis Miguel Pacheco & Jose Martins Barata, 2005.
"Residential and Stock Market Effects on Consumption across Europe,"
International Journal of Housing Policy,
Taylor & Francis Journals, vol. 5(3), pages 255-278.
- LuÃs Pacheco & José Barata, 2005. "Residential and Stock Market Effects on Consumption across Europe," European Journal of Housing Policy, Taylor and Francis Journals, vol. 5(3), pages 255-278, December.
- Ramiz Rahmanov, 2014. "Liquidity Constraints, Loss Aversion, and Myopia: Evidence from Central and Eastern European Countries," William Davidson Institute Working Papers Series wp1082, William Davidson Institute at the University of Michigan.
- Khalifa, Sherif & Seck, Ousmane & Tobing, Elwin, 2013. "Housing wealth effect: Evidence from threshold estimation," Journal of Housing Economics, Elsevier, vol. 22(1), pages 25-35.