Aye, Goodness C.; Gupta, Rangan; Kaninda, Alain; … - Department of Economics, Faculty of Economic and … - 2013
This paper compares the effects of real house price and real stock price shocks on consumption decisions in South Africa over the period 1966 to 2012 using a Structural Vector Autoregressive (SVAR) approach.The sample comprises quarterly, seasonally adjusted South African data on consumption,...