| アイテムタイプ |
デフォルトアイテムタイプ（フル）その２(1) |
| 公開日 |
2021-08-02 |
| タイトル |
|
|
タイトル |
Household Inflation Expectation and Consumption: Evidence from Japan |
|
言語 |
en |
| 作成者 |
Jinnai, Ryo
Mikami, Tomoaki
Okuda, Tatsushi
Nakajima, Jouchi
|
| アクセス権 |
|
|
アクセス権 |
open access |
|
アクセス権URI |
http://purl.org/coar/access_right/c_abf2 |
| 内容記述 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
We study household inflation expectation and consumption decisions jointly, using the micro-levelpanel dataset based on household surveys in Japan when nominal interest rates stay at the effectivelower bound. We find that a rise in household inflation expectation generally leads to a rise in currentconsumption relative to future. However, we find that this relation may not be robust in somesituations. Specifically, changes in household inflation expectations along with the fluctuation in foodand energy prices have a little impact on consumption, whereas changes in their inflation expectationsdue to other factors have a strong impact. Building a formal model and calibrate its parameters, weshow that these results can be interpreted as the householdʼs optimal behavior under imperfectinformation. |
|
言語 |
en |
| 出版者 |
|
|
出版者 |
岩波書店 |
| 日付 |
|
|
日付 |
2021-07-27 |
|
日付タイプ |
Issued |
| 言語 |
|
|
言語 |
eng |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_6501 |
|
資源タイプ |
journal article |
| 出版タイプ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| selfDOI |
|
|
ID登録 |
10.15057/71970 |
|
ID登録タイプ |
JaLC |
| 収録物識別子 |
|
|
収録物識別子タイプ |
ISSN |
|
収録物識別子 |
00229733 |
| 収録物識別子 |
|
|
収録物識別子タイプ |
NCID |
|
収録物識別子 |
AN00070761 |
| 収録物名 |
|
|
収録物名 |
経済研究 |
| 巻 |
|
|
巻 |
72 |
| 号 |
|
|
号 |
3 |
| 開始ページ |
|
|
開始ページ |
268 |
| 終了ページ |
|
|
終了ページ |
295 |
| JEL |
|
|
値 |
E50 |
| JEL |
|
|
値 |
E21 |
| JEL |
|
|
値 |
E61 |
keizaikenkyu07203268.pdf (768.3 KB)
