Asymmetric effects of housing wealth on consumption: Malaysia case
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 cointe...
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Elsevier
2019
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| Online Access: | http://psasir.upm.edu.my/id/eprint/80767/1/WEALTH.pdf http://psasir.upm.edu.my/id/eprint/80767/ http://sersc.org/journals/index.php/IJAST/article/view/889 |
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my.upm.eprints.807672020-10-15T22:20:28Z http://psasir.upm.edu.my/id/eprint/80767/ Asymmetric effects of housing wealth on consumption: Malaysia case Wang, Li Wong, Kelly Kai Seng Tee, Chee Lip 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. Elsevier 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/80767/1/WEALTH.pdf 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 http://sersc.org/journals/index.php/IJAST/article/view/889 |
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Universiti Putra Malaysia |
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Asia |
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Malaysia |
| content_provider |
Universiti Putra Malaysia |
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http://psasir.upm.edu.my/ |
| language |
English |
| description |
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. |
| format |
Article |
| author |
Wang, Li Wong, Kelly Kai Seng Tee, Chee Lip |
| spellingShingle |
Wang, Li Wong, Kelly Kai Seng Tee, Chee Lip Asymmetric effects of housing wealth on consumption: Malaysia case |
| author_facet |
Wang, Li Wong, Kelly Kai Seng Tee, Chee Lip |
| author_sort |
Wang, Li |
| title |
Asymmetric effects of housing wealth on consumption: Malaysia case |
| title_short |
Asymmetric effects of housing wealth on consumption: Malaysia case |
| title_full |
Asymmetric effects of housing wealth on consumption: Malaysia case |
| title_fullStr |
Asymmetric effects of housing wealth on consumption: Malaysia case |
| title_full_unstemmed |
Asymmetric effects of housing wealth on consumption: Malaysia case |
| title_sort |
asymmetric effects of housing wealth on consumption: malaysia case |
| publisher |
Elsevier |
| publishDate |
2019 |
| url |
http://psasir.upm.edu.my/id/eprint/80767/1/WEALTH.pdf http://psasir.upm.edu.my/id/eprint/80767/ http://sersc.org/journals/index.php/IJAST/article/view/889 |
| _version_ |
1681490820489805824 |
| score |
13.160551 |