Work

Confidence and the real economy - the Japanese case

Year: 2003

Type: article

Abstract: This paper empirically analyses whether consumer confidence has an effect on the real economy in Japan. This paper uses vector autoregressions including variables which represent consumer confidence. It is shown that in the cases of quarterly and monthly data, consumer confidence has a significant effect on GDP fluctuations, whereas in the case of semiannual data, it has no effect. In other words, consumer confidence has an effect on only short-term economic fluctuations.

Source: Applied Economics

DOI: 10.1080/00036840210135205

Author: Atsuo Utaka

Institution: The University of Osaka

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

Funder: Innovative Research Group Project of the National Natural Science Foundation of China

OpenAlex ID: W1990437151