Browning, Martin, Gørtz, Mette and Leth-Peterson, Soren (2013) Rising house prices do not tend to fuel greater consumption by households. LSE European Politics and Policy (EUROPP) Blog (01 Jul 2013). Website.
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Abstract
Do house prices influence consumption patterns? The economic crisis has led to a slump in both the price of houses and in consumption, meaning that any link between the two is of great interest to policy-makers who wish to kick-start consumption in order to reinvigorate growth in Western economies. New research from Martin Browning, Mette Gørtz and Soren Leth-Peterson attempts to find the links between consumption and house prices. However, they find that any increase in house prices has no effect on consumption by the old and only a very small effect on consumption for the young.
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://blogs.lse.ac.uk/europpblog/ |
| Additional Information: | © 2013 The Author(s) |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HB Economic Theory J Political Science > JN Political institutions (Europe) |
| Date Deposited: | 05 Apr 2017 10:43 |
| Last Modified: | 13 Sep 2024 18:45 |
| URI: | http://eprints.lse.ac.uk/id/eprint/72551 |
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