Martin Lettau Kruttschnitt Family Chair in Financial Institutions Haas School of Business University of California at Berkeley Faculty Research Fellow, NBER Contact Information: Haas School of Business 545 Student Services Bldg., #1900 Berkeley, CA 94720-1900 E-mail: lettau at haas.berkeley.edu Phone: (510) 643-6349 Fax: (510) 643-1420	CV
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Current estimate of the transitory component of financial wealth 2010Q2: download pdf

Source: Updated data from "Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption," American Economic Review, 94 (1), 279-299, March 2004, with Sydney Ludvigson.