Journal Article
The effects of wealth bubbles on consumption
Abstract: Changes in wealth, according to our simple calculations, can account for almost all of the observed consumption fluctuations of the past two decades.
Access Documents
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/title/economic-synopses-6715/effects-wealth-bubbles-consumption-624360
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2012
Order Number: 19