Credit, Housing Collateral and Consumption: the UK, Japan and the US.
The contrasting consumption behaviour of UK, US and Japanese households is examined in this paper through the lens of modernised Ando-Modgliani style consumption functions. Income growth expectations are treated systematically and income uncertainty and credit channel features are incorporated. Thes...
| Asıl Yazarlar: | , , , , |
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| Materyal Türü: | Conference item |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
2008
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