Dimitris Christelis

Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II

Research Fellow

Via Cintia, Monte S. Angelo

Naples, NA 80126

Italy

Center for Financial Studies (CFS)

Fellow

Grüneburgplatz 1

Frankfurt am Main, 60323

Germany

ARC Centre of Excellence in Population Ageing Research (CEPAR)

Associate Investigator

Australian School of Business

Ground Floor, East Wing UNSW Kensington Campus

Sydney, New South Wales NSW 2052

Australia

http://www.cepar.edu.au

Netspar

P.O. Box 90153

Tilburg, 5000 LE

Netherlands

  • Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II

  • Center for Financial Studies (CFS)

  • ARC Centre of Excellence in Population Ageing Research (CEPAR)

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SCHOLARLY PAPERS

23

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163

Scholarly Papers (23)

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1.

Differences in Portfolios Across Countries: Economic Environment versus Household Characteristics

Downloads 1,123 ( 17,919)
Citation 26

Differences in Portfolios Across Countries: Economic Environment versus Household Characteristics

Number of pages: 50 Posted: 06 Mar 2008 Last Revised: 26 Nov 2012
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 1,040 (19,699)
Citation 4

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Household finance, aging, stockholding, private business, housing, mortgages, counterfactual decompositions

Differences in Portfolios Across Countries: Economic Environment Versus Household Characteristics

Netspar Discussion Paper No. 09/2010-053
Number of pages: 53 Posted: 26 Nov 2010
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 44 (411,950)
Citation 4

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Household Finance, Aging, Stockholding, Private Business, Housing, Mortgages, Counterfactual Decompositions

Differences in Portfolios Across Countries: Economic Environment Versus Household Characteristics

MEA Discussion Paper No. 204-10
Number of pages: 54 Posted: 13 Sep 2010
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 37 (440,710)
Citation 4

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Household finance, aging, stockholding, private business, housing, mortgages, counterfactual decompositions

Differences in Portfolios Across Countries: Economic Environment versus Household Characteristics

CEPR Discussion Paper No. DP8017
Number of pages: 55 Posted: 14 Nov 2010
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 2 (660,960)
Citation 40
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aging, counterfactual decompositions., Household finance, housing, mortgages, private business, stockholding

2.

Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

Downloads 378 ( 76,663)
Citation 14

Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

Number of pages: 49 Posted: 28 Mar 2011 Last Revised: 31 Oct 2013
Dimitris Christelis, Dimitris Georgarakos and Tullio Jappelli
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and University of Naples Federico II - Department of Economics
Downloads 207 (144,872)
Citation 8

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Wealth Shocks, Unemployment, Consumption, Great Recession

Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

Netspar Discussion Paper No. 03/2012-010
Number of pages: 49 Posted: 28 Apr 2012 Last Revised: 31 Oct 2013
Dimitris Christelis, Dimitris Georgarakos and Tullio Jappelli
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and University of Naples Federico II - Department of Economics
Downloads 78 (308,909)

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Wealth Shocks, Unemployment, Consumption, Great Recession

Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

CFS Working Paper, No. 471
Number of pages: 60 Posted: 08 Oct 2014
Dimitris Christelis, Dimitris Georgarakos and Tullio Jappelli
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and University of Naples Federico II - Department of Economics
Downloads 67 (337,028)
Citation 1

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Wealth Shocks, Unemployment; Consumption, Great Recession

Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

ECB Working Paper No. 1762
Number of pages: 68 Posted: 12 Mar 2015
Dimitris Christelis, Dimitris Georgarakos and Tullio Jappelli
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and University of Naples Federico II - Department of Economics
Downloads 25 (501,533)

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wealth shocks, unemployment, consumption, great recession

Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

CEPR Discussion Paper No. DP10196
Number of pages: 60 Posted: 14 Oct 2014
Dimitris Christelis, Dimitris Georgarakos and Tullio Jappelli
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and University of Naples Federico II - Department of Economics
Downloads 1 (675,498)
Citation 17
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consumption, great recession, unemployment, wealth shocks

Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

Journal of Monetary Economics, Vol. 72, 2015
Posted: 20 May 2015
Dimitris Christelis, Dimitris Georgarakos and Tullio Jappelli
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and University of Naples Federico II - Department of Economics

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Wealth shocks, Unemployment, Consumption, Great Recession

3.

Stockholding: Participation, Location, and Spillovers

Downloads 328 ( 90,294)
Citation 6

Stockholding: Participation, Location, and Spillovers

Number of pages: 56 Posted: 26 Mar 2009 Last Revised: 20 Jan 2011
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 264 (113,503)

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Stockholding, asset location, retirement accounts, household finance, multivariate probit, simulated maximum likelihood

Stockholding: Participation, Location, and Spillovers

MEA Discussion Paper No. 208-10
Number of pages: 44 Posted: 19 Nov 2010 Last Revised: 20 Jan 2011
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 31 (468,404)

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Stockholding, Asset Location, Retirement Accounts, Household Finance, Multivariate Probit, Simulated Maximum Likelihood

Stockholding: Participation, Location, and Spillovers

Netspar Discussion Paper No. 10/2010-077
Number of pages: 43 Posted: 24 Dec 2010
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 31 (468,404)

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Stockholding, Asset Location, Retirement Accounts, Household Finance, Multivariate Probit, Simulated Maximum Likelihood

Stockholding: Participation, Location, and Spillovers

CEPR Discussion Paper No. DP8113
Number of pages: 45 Posted: 29 Nov 2010
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance
Downloads 2 (660,960)
Citation 15
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Asset location, household finance, multivariate probit, retirement accounts, simulated maximum likelihood, Stockholding

Stockholding: Participation, Location, and Spillovers

Journal of Banking and Finance, Forthcoming
Posted: 16 Dec 2010
Dimitris Christelis, Dimitris Georgarakos and Michael Haliassos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Goethe University Frankfurt - House of Finance

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Stockholding, Asset Location, Retirement Accounts, Household Finance, Multivariate Probit, Simulated Maximum Likelihood

4.

Cognitive Abilities and Portfolio Choice

Downloads 241 (125,252)
Citation 123

Cognitive Abilities and Portfolio Choice

University of Venice Economics Working Paper No. 19/WP/2008
Number of pages: 47 Posted: 30 Sep 2008
Dimitris Christelis, Tullio Jappelli and Mario Padula
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, University of Naples Federico II - Department of Economics and University "Ca' Foscari" of Venice
Downloads 199 (150,380)
Citation 18

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cognitive abilities, stockholding, portfolio choice

Cognitive Abilities and Portfolio Choice

CEPR Discussion Paper No. 5735
Number of pages: 49 Posted: 16 Aug 2006
Dimitris Christelis, Tullio Jappelli and Mario Padula
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, University of Naples Federico II - Department of Economics and University "Ca' Foscari" of Venice
Downloads 42 (419,827)
Citation 88
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Cognitive abilities, stockholding, portfolio choice

5.

Financial Decisions under the Shadow of Terrorism

Number of pages: 34 Posted: 17 Dec 2008 Last Revised: 07 Apr 2013
Dimitris Christelis and Dimitris Georgarakos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and European Central Bank (ECB) - Directorate General Research
Downloads 196 (152,817)
Citation 1

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terrorism, expectations, household finance, demand analysis

6.

Investing at Home and Abroad: Different Costs, Different People?

Downloads 194 (154,281)
Citation 13

Investing at Home and Abroad: Different Costs, Different People?

University of Salerno, CSEF Working Paper No. 188
Number of pages: 52 Posted: 06 Mar 2008 Last Revised: 13 Apr 2011
Dimitris Christelis and Dimitris Georgarakos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and European Central Bank (ECB) - Directorate General Research
Downloads 194 (154,179)
Citation 13

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Foreign assets, household finance, stockholding, multivariate probit, simulated maximum likelihood, selection.

Investing at Home and Abroad: Different Costs, Different People?

Journal of Banking and Finance, Vol. 37, 2013
Posted: 20 May 2015
Dimitris Christelis and Dimitris Georgarakos
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and European Central Bank (ECB) - Directorate General Research

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Foreign assets, Household finance, Stockholding, Multivariate probit, Simulated maximum likelihood, Selection

7.

Consumption Uncertainty and Precautionary Saving

Downloads 164 (179,121)
Citation 3

Consumption Uncertainty and Precautionary Saving

Number of pages: 69 Posted: 03 Dec 2015 Last Revised: 21 Dec 2018
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics and De Nederlandsche Bank
Downloads 80 (304,152)
Citation 3

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Consumption Risk, Euler Equation, Prudence, Precautionary Saving, Subjective Expectations

Consumption Uncertainty and Precautionary Saving

Netspar Discussion Paper No. 12/2015-046
Number of pages: 41 Posted: 26 Dec 2015 Last Revised: 06 Mar 2017
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics and De Nederlandsche Bank
Downloads 55 (373,064)

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Consumption risk, Euler equation, prudence, precautionary saving, subjective expectations

Consumption Uncertainty and Precautionary Saving

De Nederlandsche Bank Working Paper No. 496
Number of pages: 42 Posted: 27 Jan 2016
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics and De Nederlandsche Bank
Downloads 29 (478,753)

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Consumption Risk, Euler Equation, Prudence, Precautionary Saving, Subjective Expectations

8.

Early Life Conditions and Financial Risk-Taking in Older Age

Number of pages: 48 Posted: 30 May 2011 Last Revised: 14 Jan 2013
Dimitris Christelis, Loretti Dobrescu and Alberto Motta
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, University of New South Wales, School of Economics and UNSW Australia Business School, School of Economics
Downloads 150 (193,093)
Citation 1

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Portfolio Choice, Childhood, Socio-economic Status, Cognition, Health, Financial Risk

9.

The Causal Effect of Social Activities on Cognition: A Partial Identification Approach

Number of pages: 43 Posted: 05 Sep 2012 Last Revised: 25 May 2019
Dimitris Christelis and Loretti Dobrescu
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and University of New South Wales, School of Economics
Downloads 121 (228,819)

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Cognition, Social Activities, Aging, Partial Identification, SHARE

10.

The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach

Downloads 119 (231,609)
Citation 3

The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach

CFS Working Paper No. 488
Number of pages: 44 Posted: 12 Nov 2014 Last Revised: 31 Jan 2017
Dimitris Christelis, Dimitris Georgarakos and Anna Sanz-de-Galdeano
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Universitat Autònoma de Barcelona
Downloads 68 (334,274)
Citation 4

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Health Insurance, Medicare, Stockholding, Regression Discontinuity, Household Finance

The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach

Number of pages: 41 Posted: 09 Nov 2014 Last Revised: 31 Jan 2017
Dimitris Christelis, Dimitris Georgarakos and Anna Sanz-de-Galdeano
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Universitat Autònoma de Barcelona
Downloads 42 (419,827)
Citation 4

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Health Insurance, Medicare, Stockholding, Regression Discontinuity, Household Finance

The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach

IZA Discussion Paper No. 8635
Number of pages: 40 Posted: 22 Nov 2014
Dimitris Christelis, Dimitris Georgarakos and Anna Sanz-de-Galdeano
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research and Universitat Autònoma de Barcelona
Downloads 9 (605,287)

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health insurance, Medicare, stockholding, regression discontinuity, household finance

11.

Smoking Persistence Across Countries: A Panel Data Analysis

Downloads 112 (242,037)
Citation 1

Smoking Persistence Across Countries: A Panel Data Analysis

Number of pages: 49 Posted: 29 Jul 2009 Last Revised: 17 Jun 2011
Dimitris Christelis and Anna Sanz-de-Galdeano
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and Universitat Autònoma de Barcelona
Downloads 76 (313,761)

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smoking, panel data, selectivity

Smoking Persistence Across Countries: An Analysis Using Semi-Parametric Dynamic Panel Data Models with Selectivity

IZA Discussion Paper No. 4336
Number of pages: 47 Posted: 11 Aug 2009
Dimitris Christelis and Anna Sanz-de-Galdeano
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and Universitat Autònoma de Barcelona
Downloads 36 (445,058)
Citation 1

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smoking, panel data, selectivity

12.

Trust in the Central Bank and Inflation Expectations

Downloads 97 (267,162)
Citation 5

Trust in the Central Bank and Inflation Expectations

Number of pages: 38 Posted: 14 Nov 2016 Last Revised: 17 Nov 2016
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics and De Nederlandsche Bank
Downloads 51 (386,461)
Citation 6

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Inflation expectations, Inflation uncertainty, Anchoring, Trust in the ECB, Subjective Expectations

Trust in the Central Bank and Inflation Expectations

De Nederlandsche Bank Working Paper No. 537
Number of pages: 43 Posted: 15 Dec 2016
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics and De Nederlandsche Bank
Downloads 46 (404,387)

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inflation expectations, inflation uncertainty, Anchorin, Trust in the ECB, Subjective Expectations

13.

Imputation of Missing Data in Waves 1 and 2 of SHARE

Number of pages: 51 Posted: 19 Mar 2011 Last Revised: 18 Jun 2011
Dimitris Christelis
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II
Downloads 79 (303,546)
Citation 22

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Missing Data, Multiple Imputation, Markov Chain Monte Carlo, SHARE

14.

Expected Bequests and Current Wealth of Older Households

Netspar Discussion Paper No. 10/2010-074
Number of pages: 44 Posted: 24 Dec 2010 Last Revised: 17 Mar 2011
Dimitris Christelis and Guglielmo Weber
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and University of Padua - Department of Economics
Downloads 70 (325,210)
Citation 1

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Household Saving, Bequests, Expectations

15.

Asymmetric Consumption Effects of Transitory Income Shocks

Downloads 66 (335,609)
Citation 13

Asymmetric Consumption Effects of Transitory Income Shocks

Number of pages: 37 Posted: 09 Feb 2017
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli, Luigi Pistaferri and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics, Stanford University and De Nederlandsche Bank
Downloads 44 (411,950)
Citation 5

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Transitory Income Shocks, Positive and Negative Income Shocks, Marginal Propensity to Consume

Asymmetric Consumption Effects of Transitory Income Shocks

De Nederlandsche Bank Working Paper No. 551
Number of pages: 41 Posted: 28 Mar 2017
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli, Luigi Pistaferri and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics, Stanford University and De Nederlandsche Bank
Downloads 22 (520,048)
Citation 8

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Transitory Income Shocks, Positive and Negative Income Shocks, Marginal Propensity to Consume

Asymmetric Consumption Effects of Transitory Income Shocks

CEPR Discussion Paper No. DP12025
Number of pages: 40 Posted: 08 May 2017
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli, Luigi Pistaferri and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics, Stanford University and De Nederlandsche Bank
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Citation 1
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Transitory Income Shocks; Positive and Negative Income Shocks; Marginal Propensity

16.

The Cognitive Impact of Social Activities in Older Age

Netspar Discussion Paper No. 12/2014-090
Number of pages: 46 Posted: 30 Jul 2015 Last Revised: 08 Mar 2017
Dimitris Christelis and Loretti Dobrescu
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and University of New South Wales, School of Economics
Downloads 51 (380,104)

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Cognition, social activities, ageing, partial identification, bounds, SHARE

17.

Mens Sana in Corpore Sano: The Effect of Physical Activities in Preserving Cognition in Older Age

Number of pages: 34 Posted: 21 Feb 2014
Dimitris Christelis and Loretti Dobrescu
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and University of New South Wales, School of Economics
Downloads 50 (383,413)

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Cognition, Physical Activities, Ageing, SHARE, Panel Data

18.

Entrepreneurship Among Baby Boomers: Recent Evidence from the Health and Retirement Study

Number of pages: 58 Posted: 16 Jan 2017
Annamaria Lusardi, Dimitris Christelis and Carlo de Bassa Scheresberg
George Washington University - Department of Accountancy, Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and George Washington University - School of Business
Downloads 41 (415,225)

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entrepreneurship; baby boomers

19.

Labor Market Policies and Self-Employment Transitions of Older Workers

Number of pages: 43 Posted: 14 Sep 2016
Dimitris Christelis and Raquel Fonseca
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and University of Quebec at Montreal (UQAM) - Faculty of Management (ESG)
Downloads 36 (435,138)

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self-employment, transitions, ageing, labor policies, panel data

20.

Inefficiency of Corporate Investment and Distortion of Savings Behavior in Japan

NBER Working Paper No. w9444
Number of pages: 35 Posted: 06 Oct 2005 Last Revised: 20 Jun 2009
Albert Ando, Dimitris Christelis and Tsutomu Miyagawa
University of Pennsylvania and NBER (Deceased), Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and Japan Center for Economic Research
Downloads 28 (471,135)
Citation 4

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21.

Partial Identification of Population Average and Quantile Treatment Effects in Observational Data Under Sample Selection

Number of pages: 58 Posted: 04 Jan 2019 Last Revised: 03 Jun 2019
Dimitris Christelis and Julian Messina
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and Inter-American Development Bank (IDB) - Research Department
Downloads 13 (555,983)

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Sample Selection, Population Treatment Effects, Partial Identification, Bounds, Observational Data, PISA, Brazil

22.

Traumatic Life Events and Financial Risk-Taking: The Enduring Impact of Hunger

Number of pages: 39 Posted: 10 Jan 2019
Dimitris Christelis and Loretti Dobrescu
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II and University of New South Wales, School of Economics
Downloads 10 (574,353)

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hunger, financial risk, portfolio choice, partial identification, SHARE

23.

Wealth Shocks and MPC Heterogeneity

Downloads 7 (593,053)

Wealth Shocks and MPC Heterogeneity

Number of pages: 28 Posted: 19 Jun 2019
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli, Luigi Pistaferri and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II - Department of Economics, Stanford University and De Nederlandsche Bank
Downloads 6 (626,069)

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Wealth Shocks, Marginal Propensity to Consume, Housing, Heterogeneity

Wealth Shocks and Mpc Heterogeneity

NBER Working Paper No. w25999
Number of pages: 29 Posted: 26 Jun 2019
Dimitris Christelis, Dimitris Georgarakos, Tullio Jappelli, Luigi Pistaferri and Maarten van Rooij
Centre for Studies in Economics and Finance (CSEF), University of Naples Federico II, European Central Bank (ECB) - Directorate General Research, University of Naples Federico II, Stanford University and De Nederlandsche Bank
Downloads 1 (675,498)
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