Vermögenspreise und Konsum : neue Erkenntnisse, amerikanische Erfahrungen und europäische Herausforderungen

The article illustrates how the integration of modern theory of finance and stochastic dynamic macroeconomic analysis provides a deeper understanding of the link between asset prices and consumption. It shows that this approach gives only a partial explanation for recent trends in US consumption. Co...

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Bibliographic Details
Main Author: Illing, Gerhard (Author)
Other Involved Persons: Klüh, Ulrich
Format: eBook
Language:German
Published: München : Univ., Volkswirtschaftl. Fak. 2004
Series:Münchener Wirtschaftswissenschaftliche Beiträge 2004-5
Item Description:Record-last-verified: 23-06-04
Physical Description:Online Ressource (31 S., 298 KB) graph. Darst.
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