Consumption, household portfolios and the housing market in France

Not all co-movements between consumption and wealth are wealth effects. Some result from common factors: shifts in credit conditions, interest rates, income expectations or demographics. Unravelling these is necessary for modelling linkages between households and finance. The findings for France fro...

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Bibliographic Details
Main Authors: Chauvin, V, Muellbauer, J
Format: Journal article
Published: Institut National de la Statistique et des Etudes Economiques 2018