Sökning: "peeter kiviloog"

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  1. 1. Wealth Effects on Consumption: Housing Wealth versus Financial Wealth

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Peeter Kiviloog; Erik Malmberg; [2006]
    Nyckelord :Wealth effect; Consumption; Housing wealth; Financial wealth; Error-correction model;

    Sammanfattning : The purpose of this thesis is to investigate and compare the effects of changes in financial wealth and housing wealth on private consumption in Sweden. On the basis of theory and previous research, a base-case error-correction model containing consumption, income, financial wealth, and housing wealth is estimated on quarterly data over the period 1980-2004. LÄS MER