股市财富效应在欧美等证券化程度较高的国家确实存在。
The wealth effect of stock market does exist in some western countries with high degree on securities.
股市财富效应所揭示的是股市与消费支出之间的相互关系。
Stock market wealth effect reveals the interrelationship between the stock market and consumption.
研究股市财富效应旨在揭示股票财富发生变动对居民消费支出带来的影响。
Researching wealth effect of stock market wealth to reveal a change in the stock to the impact of consumer spending.
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