Article ID Journal Published Year Pages File Type
5062624 Economics Letters 2006 5 Pages PDF
Abstract

Using the household level data of urban households in Korea, this paper presents evidence for a statistically significant stock market wealth effect for the highest income bracket households who typically hold a large share of corporate stock.

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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Evidence of a stock market wealth effect using household level data
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