Keyphrases
Shareholder Wealth
100%
Stock Returns
100%
Wealth Shock
100%
Market Fluctuations
75%
Realized Capital Gains
50%
Liquidity Constraints
50%
Household Consumption
50%
Marginal Propensity to Consume
50%
Income Shocks
50%
Stock Portfolio Returns
50%
Real Shocks
25%
Stock Market Participation
25%
Real Wealth
25%
Return on Investment
25%
Consumption Decisions
25%
Current Consumption
25%
Positive Relations
25%
Household Sector
25%
Individual Stocks
25%
Financial Activity
25%
Scatterplot
25%
Financial Wealth
25%
Stock Investment
25%
Stock Market Investment
25%
Real Wages
25%
Stock Market Returns
25%
Negative Relations
25%
Investment Activity
25%
Real Economy
25%
Politicians
25%
Possible Mechanisms
25%
Average Effect
25%
Causal Impact
25%
Heterogeneous Treatment Effects
25%
Constrained Households
25%
Transmission Channels
25%
Economics, Econometrics and Finance
Wealth
100%
Capital Market Returns
80%
Liquidity Constraint
40%
Scatter Plot
20%
Investors
20%