IDEAS home Printed from https://ideas.repec.org/a/fip/fedpbr/y2006iq1p25-34.html
   My bibliography  Save this article

Your house just doubled in value? Don't uncork the champagne just yet!

Author

Listed:
  • Wenli Li
  • Rui Yao

Abstract

Wenli Li and Rui Yao present their recent research, which tries to quantify the effects of house-price changes on both consumption and the well-being of American households. Their study looks at the economy as a whole, as well as different demographic groups.

Suggested Citation

  • Wenli Li & Rui Yao, 2006. "Your house just doubled in value? Don't uncork the champagne just yet!," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 25-34.
  • Handle: RePEc:fip:fedpbr:y:2006:i:q1:p:25-34
    as

    Download full text from publisher

    File URL: http://www.philadelphiafed.org/research-and-data/publications/business-review/2006/q1/Q1_06_Housevalue.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Joao F. Cocco, 2005. "Portfolio Choice in the Presence of Housing," Review of Financial Studies, Society for Financial Studies, vol. 18(2), pages 535-567.
    2. Joshua H. Gallin, 2004. "The long-run relationship between house prices and rents," Finance and Economics Discussion Series 2004-50, Board of Governors of the Federal Reserve System (U.S.).
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Housing - Prices ; Consumption (Economics);

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedpbr:y:2006:i:q1:p:25-34. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Beth Paul). General contact details of provider: http://edirc.repec.org/data/frbphus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.