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How the Housing and Financial Wealth Effects Have Changed over Time
16 references·1 citing·52 second hop
How the Housing and Financial Wealth Effects Have Changed over Time (2011)How the Housing and Financial Wealth Effe…How do house prices affect consumption? Evidence from micro data (2006)How do house prices affect co…Estimation and Inference of Impulse Responses by Local Projections (2005)Estimation and Inference of I…Dealing with Structural Breaks (2005)Dealing with Structural BreaksComparing Wealth Effects: The Stock Market versus the Housing Market (2005)Comparing Wealth Effects: The…Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption (2004)Understanding Trend and Cycle…Resurrecting the (C)CAPM: A Cross‐Sectional Test When Risk Premia Are Time‐Varying (2001)Resurrecting the (C)CAPM: A C…Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Consumption, Aggregate Wealth…Stock Market Wealth and Consumption (2000)Stock Market Wealth and Consu…The measurement and structure of household wealth (1999)The measurement and structure…Monetary Policy Shocks: What Have We Learned and to What End? (1998)Monetary Policy Shocks: What …Optimal changepoint tests for normal linear regression (1996)Optimal changepoint tests for…The Transformation of the U.S. Banking Industry: What a Long, Strange Trip It's Been (1995)The Transformation of the U.S…House Prices and Home Owner Saving Behavior (1995)House Prices and Home Owner S…Permanent and Transitory Components of GNP and Stock Prices (1994)Permanent and Transitory Comp…Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)Tests for Parameter Instabili…The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…Wealth Effects and Consumption: A Panel VAR Approach (2014)Wealth Effects and Consumptio…Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Testing for a Unit Root in Time Series Regression (1988)Modelling Nonlinear Economic Time Series (2010)Structural breaks in time series (2012)The impact of economic growth on CO2 emissions in Azerbaijan (2018)An Intertemporal Capital Asset Pricing Model (1973)Asset Prices in an Exchange Economy (1978)The equity premium: A puzzle (1985)Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk (2000)Strategic Asset Allocation (2002)Equity Portfolio Diversification (2008)THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS (1963)THE BEHAVIORAL LIFE‐CYCLE HYPOTHESIS (1988)Bounds testing approaches to the analysis of level relationships (2001)House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)Hedging, Familiarity and Portfolio Choice (2006)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Macroeconomics and Reality (1980)Discretion versus policy rules in practice (1993)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Macroeconomic Shocks and Their Propagation (2016)Government Spending Multipliers in Good Times and in Bad: Evidence from US Historical Data (2017)Measuring Geopolitical Risk (2022)Inference About the Change-Point in a Sequence of Random Variables (1970)Testing for the Constancy of Parameters Over Time (1989)Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis (1992)What is an Oil Shock? (2000)Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis (2002)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)The Efficiency of the Market for Single-Family Homes (1988)Consumption and Liquidity Constraints: An Empirical Investigation (1989)House Prices, Home Equity-Based Borrowing, and the U.S. Household Leverage Crisis (2009)House prices, collateral, and self-employment (2015)The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium (2016)Time to Build and Aggregate Fluctuations (1982)Statistical analysis of cointegration vectors (1988)Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models (1991)Expected Stock Returns and Variance Risk Premia (2009)Presidential Address: Discount Rates (2011)The short of it: Investor sentiment and anomalies (2011)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Investor Sentiment and the Cross-Section of Stock Returns (2003)The Value Premium (2005)A skeptical appraisal of asset pricing tests☆ (2009)What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)House prices, consumption, and monetary policy: a financial accelerator approach (2004)Housing wealth, financial wealth, and consumption: New evidence from micro data (2008)The Financialization of Home and the Mortgage Market Crisis (2008)
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References

  • 2005Estimation and Inference of Impulse Responses by Local Projections4,629 cited
  • 1993Tests for Parameter Instability and Structural Change With Unknown Change Point4,325 cited
  • 2001Consumption, Aggregate Wealth, and Expected Stock Returns2,187 cited
  • 1998Monetary Policy Shocks: What Have We Learned and to What End?2,186 cited
  • 2001Resurrecting the (C)CAPM: A Cross‐Sectional Test When Risk Premia Are Time‐Varying1,445 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • 2005Comparing Wealth Effects: The Stock Market versus the Housing Market1,109 cited
  • 2006How do house prices affect consumption? Evidence from micro data1,065 cited
  • 2000Stock Market Wealth and Consumption702 cited
  • 2005Dealing with Structural Breaks701 cited
  • 2004Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption569 cited
  • 1994Permanent and Transitory Components of GNP and Stock Prices549 cited
  • 1995The Transformation of the U.S. Banking Industry: What a Long, Strange Trip It's Been344 cited
  • 1995House Prices and Home Owner Saving Behavior309 cited
  • 1996Optimal changepoint tests for normal linear regression

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304 cited
  • 1999The measurement and structure of household wealth282 cited
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    • 2014Wealth Effects and Consumption: A Panel VAR Approach13 cited