The Effects of Regional House Prices on Consumption in Korea: Heterogeneous Behaviors According to Homeownership Status and Lifecycle Stage
This paper investigates the effects of regional house prices on consumption growth, with a focus on heterogeneity across homeownership statuses and lifecycle stages, using household-level panel data in Korea from 2004 to 2017. The empirical estimation results indicate, firstly, that the growth of re...
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Veröffentlicht in: | Sustainability 2020-05, Vol.12 (9), p.3517 |
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Format: | Artikel |
Sprache: | eng |
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