Non-durable Consumption and Housing Net Worth in the Great Recession: Evidence from Easily Accessible Data

Greg Kaplan, Kurt Mitman, Giovanni L. Violante

NBER Working Paper No. 22232
Issued in May 2016, Revised in June 2020

---- Acknowledgments ----

We thank Emi Nakamura and Amir Sufi for detailed comments on an earlier version of the paper. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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