The Effect of Dividends on Consumption

Nagel, Stefan; Wurgler, Jeffrey.; Baker, Malcolm

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Nagel, Stefan

Wurgler, Jeffrey.

Baker, Malcolm HARVARD

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https://doi.org/10.1353/eca.2007.0010

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Baker, Malcolm., Stefan Nagel, and Jeffrey. Wurgler. 2007. “The Effect of Dividends on Consumption.” Brookings Papers on Economic Activity 2007 (1): 231–91. https://doi.org/10.1353/eca.2007.0010.

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http://pages.stern.nyu.edu/~jwurgler/papers/mpc22.pdf

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