Housing wealth, credit conditions and consumption.

Housing wealth, credit conditions and consumption.

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There is widespread disagreement about the role of housing wealth in explaining consumption. Much of the empirical literature is marred by poor controls for the common drivers both of house prices and consumption, including income, income growth expectations, interest rates, credit supply conditions...

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Bibliografiske detaljer
Main Authors:	Aron, J, Muellbauer, J
Format:	Working paper
Sprog:	English
Udgivet:	CSAE (University of Oxford) 2006

Lignende værker

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Revised estimates of personal sector wealth for South Africa
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Estimates of Household Sector Wealth for South Africa, 1970-2003.
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