Consumption, Wealth and Business Cycles: Why is Germany Different?
60 Pages Posted: 8 Jun 2016
Date Written: 2005
This paper studies the long-run relationship between consumption, asset
Keywords: Wealth Effect on Consumption, Business Cycles, Monetary Policy Transmission, Financial Systems, Asset Price Predictability
JEL Classification: E44, E32, G20, E21, G12
Suggested Citation: Suggested Citation