Why Do Households Concentrate Their Wealth in Housing?
Author:
Affiliation:
1. American University, Washington, DC
2. University of North Carolina-Greensboro, Greensboro, NC
Publisher
Informa UK Limited
Subject
Economics, Econometrics and Finance (miscellaneous)
Link
https://www.tandfonline.com/doi/pdf/10.1080/10835547.2004.12091146
Reference17 articles.
1. Case, K. E., J. M. Quigley and R. J. Shiller, Comparing Wealth Effects: The Stock Market Versus the Housing Market, Cambridge, MA: National Bureau of Economic Research, Working Paper 8606, 2001.
2. Davis, M. A. and M. G. Palumbo, A Primer on the Economics and Time Series Econometrics of Wealth Effects, Washington, DC: Federal Reserve Board, Finance and Economics Discussion Series, Discussion Paper 2001-09, 2001.
3. Co-Integration and Error Correction: Representation, Estimation, and Testing
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