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  • Search: subject:"cay residual"
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Year of publication
Subject
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Wealth effects 2 cay residual 2 cointegration 2 consumption-to-wealth ratio 2 Börsenkurs 1 Cointegration 1 Consumer behaviour 1 Estimation 1 Estimation theory 1 Kointegration 1 Konsumentenverhalten 1 Private consumption 1 Privater Konsum 1 Schweiz 1 Schätztheorie 1 Schätzung 1 Share price 1 Switzerland 1 Vermögen 1 Vermögenseffekt 1 Wealth 1 Wealth effect 1
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Online availability
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Free 2
Type of publication
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Article 1 Book / Working Paper 1
Type of publication (narrower categories)
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Arbeitspapier 1 Article 1 Graue Literatur 1 Non-commercial literature 1 Working Paper 1
Language
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English 2
Author
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Galli, Alain 2
Published in...
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SNB working papers 1 Swiss Journal of Economics and Statistics 1
Source
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ECONIS (ZBW) 1 EconStor 1
Showing 1 - 2 of 2
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How Reliable are Cointegration-Based Estimates for Wealth Effects on Consumption? Evidence from Switzerland
Galli, Alain - In: Swiss Journal of Economics and Statistics 153 (2017) 4, pp. 437-479
According to economie theory, the intertemporal budget constraint of households implies that a permanent increase in wealth should have a positive effect on consumer spending. Given the comparatively strong increase in Swiss household wealth over the past few years, the question of the extent to...
Persistent link: https://www.econbiz.de/10011933362
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Cover Image
How reliable are cointegration-based estimates for wealth effects on consumption? : evidence from Switzerland
Galli, Alain - 2016
Persistent link: https://www.econbiz.de/10011456230
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