Abstract: Theory suggests that real estate market can affect consumers through wealth effect mechanisms.
[摘要]理论表明,房地产市场通过财富效应机制影响居民消费。
We don't have good data for NPLs in shadow loans, partly because there are many different lender including Trusts, Banks through wealth management products, pawnshops etc.
我们在影子贷款方面无法获取良好数据,部分原因是因为出借方太多,包括信托、银行理财产品、典当行等等。
A country's standard of living does not only depend upon the wealth that is produced and consumed within its own borders, but also upon what is indirectly produced through international trade.
一个国家的生活水平不仅取决于国内生产和消费的财富,还取决于通过国际贸易间接生产的财富。
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