Stock Market Fluctuations and Consumption Behaviour Some Recent Evidence
This paper examines the likely influence of recent stock market fluctuations on major OECD economies, focusing on wealth effects and consumption. After reviewing the relevant theoretical framework and available empirical evidence, consumption functions are estimated for the US including the influenc...
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| Other Authors: | , |
| Format: | eBook Section |
| Language: | Inglés |
| Published: |
Paris :
OECD Publishing
1998.
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| Series: | OECD Economics Department Working Papers,
no.208. |
| Subjects: | |
| See on Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706329906719 |
