Any rise in home prices could still increase consumption, even if it does so by removing credit constraints rather than through the wealth effect.
房价的上升依然能够促进消费,即使是它是通过取消信用限制,而不是通过财富效应带来的。
However, the latest research suggests that, in America at least, housing wealth has a bigger influence on consumption than financial assets, and the effect is increasing.
不过最近的研究表明,至少美国的房产财富效应对消费的影响要远大于金融资产的影响,而且效用还在增强。
Stock and house prices will fall steeply, depressing wealth and consumption and further crippling Banks.
股票和房价将急剧下降,令财富缩水、减少消费,并进一步打击银行。
Mister Veblen argued that people gathered wealth for the purpose of "conspicuous consumption."
VOA: special.2011.05.01
But when you remember that the subject at hand is actually in some way sex, then you can begin to associate the Lady's image of this moderate consumption of natural wealth - with some version of -- if this makes sense -- some version of an act of sexual consummation.
但是当你们想起,现在讨论的话题其实是性,然后你们可以将这位女士,关于适量消费自然财富的形象,与一些版本--如果那有意义-,一些版本关于性圆满的行为联系起来。
应用推荐