Title: Stock Ownership Patterns, Stock Market Fluctuations, and Consumption
Abstract: The market value of corporate stock in the United States increased by nearly one trillion dollars between December 1994 and July 1995. This paper explores the distribution of the stock ownership, and hence the gains from the stock price rise, and what the rise in stock prices implies for consumer spending.
Publication Year: 1996
Publication Date: 1996-01-01
Language: en
Type: preprint
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Cited By Count: 6
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