Citation
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
Abstract
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.
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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 |
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