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
This paper estimates and analyzes the characteristics of Japanese household's demand on goods and se...
On the basis of household-level scanner data (called homescan) for Japan over a three-year period, w...
When Japan experienced high economic growth, its society was characterized by low inequality in inco...
This paper investigates why M1 demand rose rapidly in Japan between 1996 and 2002 by applying househ...
Boosting growth through rebalancing is critical for addressing pressures from Japan’s aging populati...
This paper addresses empirical puzzle concerning durable goods consumptions in Japan, where the expe...
We investigate the relationship between money, short-term interest rates, and scale variables. We us...
Boosting growth through rebalancing is critical for addressing pressures from Japan’s aging populati...
The Japanese economy has experienced price deflation since the mid-1990s. Despite the importance of ...
This article explains why: (a) consumers underinvest in new car fuel economy by opting to buy large ...
This paper documents the role of consumption in explaining the weak interest rate effect of monetary...
Using micro data covering almost 500,000 Japanese households over the period 1983−2012, this paper e...
Demographic transition implies severe challenges for high income nations, for instance Japan, as the...
The decline in Japan's household saving rate accelerated sharply after 1998, but then decelerated ag...
This paper analyzes factors in the transition of production and the situation of productivity includ...
This paper estimates and analyzes the characteristics of Japanese household's demand on goods and se...
On the basis of household-level scanner data (called homescan) for Japan over a three-year period, w...
When Japan experienced high economic growth, its society was characterized by low inequality in inco...
This paper investigates why M1 demand rose rapidly in Japan between 1996 and 2002 by applying househ...
Boosting growth through rebalancing is critical for addressing pressures from Japan’s aging populati...
This paper addresses empirical puzzle concerning durable goods consumptions in Japan, where the expe...
We investigate the relationship between money, short-term interest rates, and scale variables. We us...
Boosting growth through rebalancing is critical for addressing pressures from Japan’s aging populati...
The Japanese economy has experienced price deflation since the mid-1990s. Despite the importance of ...
This article explains why: (a) consumers underinvest in new car fuel economy by opting to buy large ...
This paper documents the role of consumption in explaining the weak interest rate effect of monetary...
Using micro data covering almost 500,000 Japanese households over the period 1983−2012, this paper e...
Demographic transition implies severe challenges for high income nations, for instance Japan, as the...
The decline in Japan's household saving rate accelerated sharply after 1998, but then decelerated ag...
This paper analyzes factors in the transition of production and the situation of productivity includ...
This paper estimates and analyzes the characteristics of Japanese household's demand on goods and se...
On the basis of household-level scanner data (called homescan) for Japan over a three-year period, w...
When Japan experienced high economic growth, its society was characterized by low inequality in inco...