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How Important Is the Stock Market Effect on Consumption
13 references·16 citing·36 second hop
How Important Is the Stock Market Effect on Consumption (1998)How Important Is the Stock Market Effect …Consumption, Aggregate Wealth and Expected Stock Returns (1999)Consumption, Aggregate Wealth…Permanent and Transitory Components of GNP and Stock Prices (1994)Permanent and Transitory Comp…A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)A Simple Estimator of Cointeg…Pitfalls and Opportunities: What Macroeconomists Should Know about Unit Roots (1991)Pitfalls and Opportunities: W…The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…Asymptotic Properties of Residual Based Tests for Cointegration (1990)Asymptotic Properties of Resi…Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence (1989)Consumption, Income, and Inte…Does Saving Anticipate Declining Labor Income? 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this work references cited by second hop

References

  • 1993A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems5,042 cited
  • 1978Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence3,581 cited
  • 1963THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS2,011 cited
  • 1990Asymptotic Properties of Residual Based Tests for Cointegration1,980 cited
  • 1989Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence1,820 cited
  • 1987Asymptotic Properties of Least Squares Estimators of Cointegrating Vectors1,471 cited
  • 1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
  • 1991Pitfalls and Opportunities: What Macroeconomists Should Know about Unit Roots1,314 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • 1999Consumption, Aggregate Wealth and Expected Stock Returns686 cited
  • 1994Permanent and Transitory Components of GNP and Stock Prices549 cited
  • 1987Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis517 cited
  • 1985The Time Series Consumption Function Revisited389 cited

Cited by

  • 2003Consumer Confidence and Stock Returns381 cited

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  • 2002The Dynamics of Metropolitan Housing Prices228 cited
  • 2001A Primer on the Economics and Time Series Econometrics of Wealth Effects193 cited
  • 2004Consumer Sentiment and Economic Activity184 cited
  • 2007The UK housing market and the monetary policy transmission mechanism: An SVAR approach180 cited
  • 2008A synthetic, stock-flow consistent macroeconomic model of 'financialisation'175 cited
  • 2007Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia*168 cited
  • 2002Time-varying risk premia and the cost of capital: An alternative implication of the Q theory of investment161 cited
  • 2001Does Stock Market Wealth Matter for Consumption?159 cited
  • 2002Monetary policy transmission through the consumption-wealth channel156 cited
  • 2001Disentangling the Wealth Effect: A Cohort Analysis of Household Saving in the 1990s145 cited
  • 2001Asset Prices, Financial Conditions, and the Transmission of Monetary Policy143 cited
  • 2013The Wealth-Consumption Ratio143 cited
  • 2006Tax Base Elasticities: A Multi-State Analysis of Long-Run and Short-Run Dynamics129 cited
  • 2010Consumption, (dis)aggregate wealth, and asset returns113 cited
  • 2020Welfare models and demand-led growth regimes before and after the financial and economic crisis108 cited