Apergēs, Nikolaos (contributor); … - 2004 - [Elektronische Ressource]
Department of Economics Working Paper Series
Consumption Asymmetry and the Stock Market: Further Evi-
dence
Nicholas … business cycles generates those
asymmetric patterns. They also conclude that liquidity constrained consumers closely link to …
business cycle movements. Finally, Cook (2002) uncovers highly significant asymmetric
consumption patterns, largely attributed …