Add to ORKGThis paper investigates why M1 demand rose rapidly in Japan between 1996 and 2002 by applying household analysis. We find that: (1) aging and a widening income gap are responsible for around 10 － 30% of the overall rise in household M1 demand; (2) the growth in M1 demand in households whose head is aged 50 or over and that in poor households account for 70 － 90% of overall growth in M1 demand; and (3) households in which M1 demand rises significantly have relatively high interest elasticities of M1 demand.論文(Article
"About a year ago at this time, while East Asia was steadily growing, there were two notable excepti...
Japan’s economy experienced prolonged recession which had never been observed before. This paper foc...
Demand for money is considered as an important function of stabilization and structural adjustment p...
This paper investigates why M1 demand rose rapidly in Japan between 1996 and 2002 by applying househ...
We investigate the relationship between money, short-term interest rates, and scale variables. We us...
In both theoretical and empirical fields of economics, demand for money has been received much atten...
This paper explores the shape of the Japanese money demand function in relation to the historical pa...
This paper estimates a money demand function using Japanese data from 1985 to 2017, which includes t...
The paper estimates Japan's household saving rate function for the 1958−1998 period. We find that th...
This paper examines how over a period of more than ten years, Japan\u27s economy experienced prolong...
Based on a standard model of money demand, this paper first shows that a relationship between money ...
This paper addresses empirical puzzle concerning durable goods consumptions in Japan, where the expe...
Japan's traditionally high household saving rate has declined substantially since the early 1990s. W...
This paper documents the role of consumption in explaining the weak interest rate effect of monetary...
The Japanese economy has experienced price deflation since the mid-1990s. Despite the importance of ...
"About a year ago at this time, while East Asia was steadily growing, there were two notable excepti...
Japan’s economy experienced prolonged recession which had never been observed before. This paper foc...
Demand for money is considered as an important function of stabilization and structural adjustment p...
This paper investigates why M1 demand rose rapidly in Japan between 1996 and 2002 by applying househ...
We investigate the relationship between money, short-term interest rates, and scale variables. We us...
In both theoretical and empirical fields of economics, demand for money has been received much atten...
This paper explores the shape of the Japanese money demand function in relation to the historical pa...
This paper estimates a money demand function using Japanese data from 1985 to 2017, which includes t...
The paper estimates Japan's household saving rate function for the 1958−1998 period. We find that th...
This paper examines how over a period of more than ten years, Japan\u27s economy experienced prolong...
Based on a standard model of money demand, this paper first shows that a relationship between money ...
This paper addresses empirical puzzle concerning durable goods consumptions in Japan, where the expe...
Japan's traditionally high household saving rate has declined substantially since the early 1990s. W...
This paper documents the role of consumption in explaining the weak interest rate effect of monetary...
The Japanese economy has experienced price deflation since the mid-1990s. Despite the importance of ...
"About a year ago at this time, while East Asia was steadily growing, there were two notable excepti...
Japan’s economy experienced prolonged recession which had never been observed before. This paper foc...
Demand for money is considered as an important function of stabilization and structural adjustment p...