haku: @author Taube, P. / yhteensä: 2
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| Tekijä: | Taube, P. |
| Otsikko: | Money growth and supply shock effects on consumer leverage, consumption and financial wealth |
| Lehti: | Managerial Finance
1994 : VOL. 20:4, p. 8-24 |
| Asiasana: | MONEY GROWTH CONSUMPTION |
| Kieli: | eng |
| Tiivistelmä: | In an intertemporal decision framework, borrowing and wealth holding decisions will incorporate information relevant to future income realizations. One channel for monetary and real disturbances to influence real activity is through revised anticipations of future income. In this study, evidence was uncovered for contemporaneous nominal shock effects uncovered for the growth of nondurables and services consumption and real financial wealth holdings. |
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