Do changes in stock values affect the wealth of households? Beginning in 1971, plot on a quarterly

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Do changes in stock values affect the wealth of households? Beginning in 1971, plot on a quarterly basis the percent change from a year ago of theWilshire 5000 (FRED code: WILL5000PR) and the percent change from a year ago of household net worth (FRED code: TNWBSHNO). Compare the two lines.

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Money Banking and Financial Markets

ISBN: 978-1259746741

5th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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