Asymmetric Wealth Effect between US Stock Markets and US Housing Market and European Stock Markets: Evidences from TAR and MTAR

Evidence of the asymmetric wealth effect has important implications for investors and continues to merit research attention, not least because much of the evidence based on linear models has been refuted. Indeed, stock and house prices are influenced by economic activity and react non-linearly to po...

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Bibliographic Details
Main Authors: Pedro Coelho, Luís Gomes, Patrícia Ramos
Format: Article
Language:English
Published: MDPI AG 2023-07-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/11/7/124