Matches in SemOpenAlex for { <https://semopenalex.org/work/W2152168423> ?p ?o ?g. }
Showing items 1 to 76 of
76
with 100 items per page.
- W2152168423 endingPage "151" @default.
- W2152168423 startingPage "127" @default.
- W2152168423 abstract "The Japanese economy has experienced price deflation since the mid-1990s. Despite the importance of overcoming deflation, there has been little recent research on price expectations in Japan. This paper takes advantage of an original and rich quarterly household-level data set from the “Kokumin Seikatsu Monitors” to estimate average price expectations, examine the factors that affect price expectations, and examine how changes in price expectations have affected household consumption. Our estimates indicate that average price expectations ranged from minus 0.2 to 0% in 2001 and 2002. However, there was an increase to 1% in the first quarter of 2003, followed by a decline to 0.2% in the second quarter, and a steady increase toward 0.8% by the first quarter of 2004. Price expectations depend on current price movements and lagged expectations. A series of quantitative easing monetary policies were not very effective in changing the price expectations, since the policy announcements caused revision of price expectations only for a small portion, i.e., 5–10% of people surveyed. The jump observed in the first quarter of 2003 was a reaction to the outbreak of the Iraq war. Our study also confirms that deflationary expectations discourage household consumption, mainly durable consumption, by delaying the timing of purchases, suggesting that the deflationary expectations should be upwardly revised to restore a vital Japanese economy." @default.
- W2152168423 created "2016-06-24" @default.
- W2152168423 creator A5069867157 @default.
- W2152168423 creator A5077255204 @default.
- W2152168423 date "2005-11-01" @default.
- W2152168423 modified "2023-09-23" @default.
- W2152168423 title "Price expectations and consumption under deflation: evidence from Japanese household survey data" @default.
- W2152168423 cites W2049928042 @default.
- W2152168423 cites W2052647713 @default.
- W2152168423 cites W2136437723 @default.
- W2152168423 cites W3125450854 @default.
- W2152168423 cites W4232866321 @default.
- W2152168423 doi "https://doi.org/10.1007/s10368-005-0030-4" @default.
- W2152168423 hasPublicationYear "2005" @default.
- W2152168423 type Work @default.
- W2152168423 sameAs 2152168423 @default.
- W2152168423 citedByCount "2" @default.
- W2152168423 countsByYear W21521684232015 @default.
- W2152168423 crossrefType "journal-article" @default.
- W2152168423 hasAuthorship W2152168423A5069867157 @default.
- W2152168423 hasAuthorship W2152168423A5077255204 @default.
- W2152168423 hasBestOaLocation W21521684232 @default.
- W2152168423 hasConcept C105795698 @default.
- W2152168423 hasConcept C126285488 @default.
- W2152168423 hasConcept C139719470 @default.
- W2152168423 hasConcept C144024400 @default.
- W2152168423 hasConcept C162324750 @default.
- W2152168423 hasConcept C166957645 @default.
- W2152168423 hasConcept C198477413 @default.
- W2152168423 hasConcept C30772137 @default.
- W2152168423 hasConcept C33923547 @default.
- W2152168423 hasConcept C34881761 @default.
- W2152168423 hasConcept C36289849 @default.
- W2152168423 hasConcept C556758197 @default.
- W2152168423 hasConcept C8112001 @default.
- W2152168423 hasConcept C85079727 @default.
- W2152168423 hasConcept C95457728 @default.
- W2152168423 hasConcept C96016098 @default.
- W2152168423 hasConceptScore W2152168423C105795698 @default.
- W2152168423 hasConceptScore W2152168423C126285488 @default.
- W2152168423 hasConceptScore W2152168423C139719470 @default.
- W2152168423 hasConceptScore W2152168423C144024400 @default.
- W2152168423 hasConceptScore W2152168423C162324750 @default.
- W2152168423 hasConceptScore W2152168423C166957645 @default.
- W2152168423 hasConceptScore W2152168423C198477413 @default.
- W2152168423 hasConceptScore W2152168423C30772137 @default.
- W2152168423 hasConceptScore W2152168423C33923547 @default.
- W2152168423 hasConceptScore W2152168423C34881761 @default.
- W2152168423 hasConceptScore W2152168423C36289849 @default.
- W2152168423 hasConceptScore W2152168423C556758197 @default.
- W2152168423 hasConceptScore W2152168423C8112001 @default.
- W2152168423 hasConceptScore W2152168423C85079727 @default.
- W2152168423 hasConceptScore W2152168423C95457728 @default.
- W2152168423 hasConceptScore W2152168423C96016098 @default.
- W2152168423 hasIssue "2-3" @default.
- W2152168423 hasLocation W21521684231 @default.
- W2152168423 hasLocation W21521684232 @default.
- W2152168423 hasOpenAccess W2152168423 @default.
- W2152168423 hasPrimaryLocation W21521684231 @default.
- W2152168423 hasRelatedWork W2018597100 @default.
- W2152168423 hasRelatedWork W2068566860 @default.
- W2152168423 hasRelatedWork W2083973237 @default.
- W2152168423 hasRelatedWork W2129359961 @default.
- W2152168423 hasRelatedWork W213882238 @default.
- W2152168423 hasRelatedWork W2152168423 @default.
- W2152168423 hasRelatedWork W2357403292 @default.
- W2152168423 hasRelatedWork W3043001740 @default.
- W2152168423 hasRelatedWork W3117244568 @default.
- W2152168423 hasRelatedWork W3125472530 @default.
- W2152168423 hasVolume "2" @default.
- W2152168423 isParatext "false" @default.
- W2152168423 isRetracted "false" @default.
- W2152168423 magId "2152168423" @default.
- W2152168423 workType "article" @default.