Housing wealth, financial wealth, and consumption: New evidence from micro data

THE BEHAVIORAL LIFE‐CYCLE HYPOTHESIS

Hersh Shefrin, Richard H. Thaler · Economic Inquiry · 1988 · 1.7K citations

Social Sciences, Behavioral Sciences, Economics +17

Comparing Wealth Effects: The Stock Market versus the Housing Market

Karl E. Case, John M. Quigley, Robert J. Shiller · 2005 · 1.1K citations

Social Sciences, Economics, Econometrics +16

Anomalies: Saving, Fungibility, and Mental Accounts

Richard H. Thaler · The Journal of Economic Perspectives · 1990 · 956 citations · Full text

Social Sciences, Economics, Finance +17

Housing Collateral, Consumption Insurance, and Risk Premia: An Empirical Perspective

Hanno N. Lustig, STIJN G. VAN NIEUWERBURGH · The Journal of Finance · 2005 · 634 citations · Full text

Business, Economics, Finance +17

Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption

Martin Lettau, Sydney C. Ludvigson · American Economic Review · 2004 · 573 citations

Business, Economics, Finance +17