UPM Institutional Repository

Asymmetric effects of housing wealth on consumption: Malaysia case


Wang, Li and Wong, Kelly Kai Seng and Tee, Chee Lip (2019) Asymmetric effects of housing wealth on consumption: Malaysia case. International Journal of Advanced Science and Technology, 28 (8s). pp. 331-339. ISSN 2005-4238; ESSN: 2207-6360


This paper aims to test the asymmetric effect of housing wealth on consumption in Malaysia. The nonlinear model is tested by Unrestricted Autoregressive Distributed Lag (ARDL) proposed by Shin et al. (2011). This study found that income, credit constraints, stock wealth and housing wealth are cointegrated. The estimated model shows that there are asymmetric relations between housing wealth and consumption.

Download File

[img] Text
WEALTH.pdf - Published Version

Download (4kB)

Additional Metadata

Item Type: Article
Divisions: Faculty of Agriculture
Publisher: Elsevier
Keywords: Consumption; Housing wealth; Asymmetry; Credit constraints
Depositing User: Ms. Nuraida Ibrahim
Date Deposited: 15 Oct 2020 22:20
Last Modified: 15 Oct 2020 22:20
URI: http://psasir.upm.edu.my/id/eprint/80767
Statistic Details: View Download Statistic

Actions (login required)

View Item View Item