Stories Tagged as
Wealth effect
As stocks flag and home prices dip, consumers spend less, spend different
by
Matt Levin
Sep 27, 2022
It's called the wealth effect: Household spending decisions tend to be influenced by the ups and downs of asset prices.
How feeling rich helps the economy: An explainer
by
Paddy Hirsch
Mar 14, 2014
When we feel wealthy, we spend more. It’s called the wealth effect.