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This paper analyzes the impact of monetary policy on household saving in Japan between 1993 and 2017. Using annual data … decades. The statistical analysis controls for household size as well as potential spatial effects in the transmission … mechanism of monetary policy on household saving. …
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Utilizing the microdata from a first cross-section of a new household survey at the University of Hamburg, we analyze …
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Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
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