Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 4 of 4 for “"wealth shocks"”.
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Essays in financial economics
… investors to show that positive and persistent shocks to income lead to a significant increase in the equity share of investor portfolios, while increases in financial wealth due to realized returns lead to a small decline in the equity share. In a standard homothetic life-cycle model with human …
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Over-indebtedness and consequences for well-being
… circumstances beyond our control for example shocks or changes in the wider political, economic and social environments or at the household level. Households, even those that are income rich or liquidity unconstrained, can be disrupted by unexpected financial shocks subsequently leaving them …
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The Stock Market, the Housing Market and Consumption
… the relationship between consumption and wealth. The recent subprime mortgage crisis in the US and the European sovereign debt crisis associated with the remarkable fluctuations in both stock and housing markets have brought new concerns over the response of consumer spending to asset …
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Essays on Labour Supply, Retirement, and Consumption
… Kai Liu, Shawn Ni and Youn Seol. We estimate the wealth effect on consumption by exploiting the differential effect of housing price booms and busts across households with different holdings in housing wealth. We also extend the analysis of the wealth effect from the consumption growth to its …