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Your search keyword '"Takhtamanova, Yelena"' showing total 2 results
Start Over Author "Takhtamanova, Yelena" Region italy
2 results on '"Takhtamanova, Yelena"'

1. Financial and Housing Wealth and Consumption Spending: Cross-Country and Age Group Comparisons.

Author

Sierminska, Eva and Takhtamanova, Yelena

Subjects
*WEALTH, *CONSUMPTION (Economics), *AGE distribution, *ELASTICITY (Economics)
Abstract

In this study we explore the link between household expenditures and wealth across the age distribution by examining the elasticity of consumption spending from different types of wealth. We use a new source of harmonized wealth micro data for five countries: Canada, Finland, Italy, Germany and the US. Our results indicate that the effect of housing wealth dominates the effect of financial wealth in Finland, Italy, Germany, the US, and also in Canada for certain age groups. We find consumption responsiveness to housing wealth to be statistically significantly lower for younger households. The analysis also confirms the existence of between-country differences. [ABSTRACT FROM PUBLISHER]

Published
2012
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2. Disentangling the Wealth Effect: Some International Evidence.

Author

Sierminska, Eva and Takhtamanova, Yelena

Subjects
*HOUSEHOLDS & economics, *WEALTH, *HOUSING
Abstract

The article provides information on household wealth, which has grown gradually in the last few years due to the increased possession of household assets in the U.S. It states that housing wealth has exceeded financial wealth in terms of possession of assets. In comparison to Finland, Canada, and Italy, housing wealth makes up a larger share of individuals' portfolios in these countries than in the U.S.

Published
2007

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