negative wealth effect

基本解释

Falling prices would have a “tangible negative wealth effect, ” Steiner writes in the Hedgeeye blog, “GETTING PUNCHED IN THE FACE.”
房价下跌将产生一种“实实在在的财富递减效应”，施泰纳在Hedgeeye公司博客上写道，“就像一拳击在人们脸上。”
Number one is what we call in economics a "negative wealth effect".
首先是我们在经济学中所称的“ 财富递减效应”。
The negative wealth effect on the US economy could be US$800 billion. The knock-on effect could add considerably to it. It would obviously take a big bite out of the US$14 trillion American economy.
美国经济的负面财富效应可能是8000亿，结果却可能增加更大的负面效应，可能吃掉14万亿美国经济的一大块。
blog.sina.com.cn

So withdrawing and consuming them will have a greater negative wealth effect.
FORBES: Your Retirement: Dividends Or Capital Gains?
House price weakness helps the buyer, who is usually less wealthy than the seller, one of several factors muting the negative wealth effect.
FORBES: Wal-Mart Or Malpass?
On the other hand, the Obama administration currently plans to raise dividend and capital gains taxes, which will depress stock prices, making for a negative wealth effect.
FORBES: Why You Should Take Profits In Apple, Google And EBay If Obama Wins