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Volumn 26, Issue 4, 2004, Pages 329-343

Why do households concentrate their wealth in housing?

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[No Author keywords available]

Indexed keywords


EID: 10044237666     PISSN: 08965803     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article
Times cited : (53)

References (17)
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  • 2
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    • Comparing Wealth Effects: The Stock Market Versus the Housing Market
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    • Case, K. E., J. M. Quigley and R. J. Shiller, Comparing Wealth Effects: The Stock Market Versus the Housing Market, Cambridge, MA: National Bureau of Economic Research, Working Paper 8606, 2001.
    • (2001)
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  • 3
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    • A Primer on the Economics and Time Series Econometrics of Wealth Effects
    • Washington, DC: Federal Reserve Board, Finance and Economics Discussion Series, Discussion Paper 2001-09
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    • (2001)
    • Davis, M.A.1    Palumbo, M.G.2
  • 5
    • 0000013567 scopus 로고
    • Co-Integration and Error Correction: Representation, Estimation, and Testing
    • Engle, R. F. and C. W. J. Granger, Co-Integration and Error Correction: Representation, Estimation, and Testing, Econometrica, 1987, 55, 251-76.
    • (1987) Econometrica , vol.55 , pp. 251-276
    • Engle, R.F.1    Granger, C.W.J.2
  • 7
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    • Owner-Occupied Housing and the Composition of the Household Portfolio
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  • 8
    • 0003003262 scopus 로고    scopus 로고
    • Homeownership and Investment in Risky Assets
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    • Fratantoni, M.C.1
  • 9
    • 84936526550 scopus 로고
    • Intertemporal Substitution in Consumption
    • Hall, R. E., Intertemporal Substitution in Consumption, Journal of Political Economy, 1988, 96, 339-57.
    • (1988) Journal of Political Economy , vol.96 , pp. 339-357
    • Hall, R.E.1
  • 10
    • 40849105983 scopus 로고
    • Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns
    • Hansen, L. P. and K. Singleton, Stochastic Consumption, Risk Aversion, and the Temporal Behavior of Asset Returns, Journal of Political Economy, 1983, 91, 249-65.
    • (1983) Journal of Political Economy , vol.91 , pp. 249-265
    • Hansen, L.P.1    Singleton, K.2
  • 13
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    • Real Estate and Its Role in Asset Allocation - An Empirical Investigation
    • CUER Working Paper 02-07, University of British Columbia
    • Kullmann, C. and S. Siegel, Real Estate and Its Role in Asset Allocation - An Empirical Investigation, CUER Working Paper 02-07, University of British Columbia, 2002.
    • (2002)
    • Kullmann, C.1    Siegel, S.2
  • 14
    • 0038898469 scopus 로고    scopus 로고
    • The Channel of Monetary Transmission to Demand: Evidence from the Market for Automobile Credit
    • Ludvigson, S., The Channel of Monetary Transmission to Demand: Evidence from the Market for Automobile Credit, Journal of Money, Credit, and Banking, 1998, 30:3, 365-83.
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    • Ludvigson, S.1
  • 15
    • 0039719454 scopus 로고
    • Stock Ownership Patterns, Stock Market Fluctuations and Consumption
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    • Poterba, J.1    Samwick, A.2
  • 16
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  • 17
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    • Shleifer, A., Comment on "Stock Ownership Patterns, Stock Market Fluctuations and Consumption," Brookings Papers on Economic Activity, 1995, 2, 358-59.
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    • Shleifer, A.1


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