Evidence of a stock market wealth effect using household level data
Economics LettersPublished 29 November 2005
Sungwon Cho
Citations9
SJR quartileQ2
SJR score0.76
SNIP0.98
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Abstract
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.
Keywords
Economics, Econometrics and FinanceBusiness, Management and Accounting
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