The Relationship between Consumption and Wealth: A Quantile Regression Approach (notice n° 834083)
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| fixed length control field | 02140cam a2200253 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250123140033.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Jawadi, Fredj |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | The Relationship between Consumption and Wealth: A Quantile Regression Approach |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2014.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 82 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Ce papier se focalise sur l’étude de l’effet de richesse sur la consommation aux États-Unis, au Royaume-Uni et dans la zone euro, en utilisant des régressions linéaires et l’approche de régression quantile. Nos résultats montrent une élasticité élevée de la consommation par rapport à la richesse agrégée au Royaume-Uni, tandis que l’élasticité par rapport à la richesse immobilière est non significative dans la zone euro. En outre, la sensibilité de la consommation aux changements de l’effet richesse s’accroît pour des niveaux élevés du taux de croissance de la consommation. Au total, nos résultats suggèrent des relations entre la consommation et la richesse significativement différentes selon la distribution du taux de croissance de la consommation. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This paper examines the wealth effects on consumption for the US, the UK and the Euro area using linear models and quantile regression approaches. We find that the elasticity of consumption with respect to aggregate wealth is largest for the UK, but housing wealth effects do not seem to be relevant in the Euro area. In addition, the sensitivity of consumption to changes in wealth is stronger when consumption growth is abnormally high. Overall, our results suggest that the link between consumption and wealth is significantly different across the distribution of consumption growth. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | MCO dynamique |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | consommation |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | régression quantile |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | richesse |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | wealth |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | consumption |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Sousa, Ricardo M. |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d'économie politique | 124 | 4 | 2014-11-07 | p. 639-652 | 0373-2630 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/revue-d-economie-politique-2014-4-page-639?lang=en&redirect-ssocas=7080">https://shs.cairn.info/revue-d-economie-politique-2014-4-page-639?lang=en&redirect-ssocas=7080</a> |
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