Economics and International Affairs Blog
A blog by Vivekanand Jayakumar
Attention Economy
Sunday, January 28, 2018
Stock Market Surge and the ‘Wealth Effect’ on Consumption
Real world example of the wealth effect:
https://www.washingtonpost.com/business/economy/optimism-about-stock-market-rally-has-carried-into-new-year/2018/01/27/66d9b3f6-fc8e-11e7-ad8c-ecbb62019393_story.html
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