Housing Wealth and UK Consumption.
There is widespread disagreement about the role of housing wealth in explaining consumption. However, much of the empirical literature is marred by poor controls for the common drivers both of house prices and consumption, such as income, income growth expectations, interest rates, credit supply con...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
2006
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