Understanding trend and cycle in asset values: Reevaluating the wealth effect on consumption

Martin Lettau, Sydney Ludvigson

    Research output: Contribution to journalArticle

    Original languageEnglish (US)
    Pages (from-to)276-299
    Number of pages24
    JournalAmerican Economic Review
    Volume94
    Issue number1
    DOIs
    StatePublished - Mar 2004

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    Wealth effect
    Asset value

    ASJC Scopus subject areas

    • Economics and Econometrics

    Cite this

    Understanding trend and cycle in asset values : Reevaluating the wealth effect on consumption. / Lettau, Martin; Ludvigson, Sydney.

    In: American Economic Review, Vol. 94, No. 1, 03.2004, p. 276-299.

    Research output: Contribution to journalArticle

    Lettau, Martin ; Ludvigson, Sydney. / Understanding trend and cycle in asset values : Reevaluating the wealth effect on consumption. In: American Economic Review. 2004 ; Vol. 94, No. 1. pp. 276-299.
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