Bank health concerns, low interest rates and money demand: evidence from the "public opinion survey on household financial assets and liabilities"
This paper uses household survey data which covers the period from 2001 through 2003 to study the cash and deposits demand of households. This data enables us to obtain empirical findings which could not previously be derived through analyses using conventional macroeconomic time-series data. First,...
Gespeichert in:
Hauptverfasser: | , |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Tokyo
IMES
2006
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Schriftenreihe: | Discussion paper series / Institute for Monetary and Economic Studies, Bank of Japan
2006,12 |
Schlagworte: | |
Zusammenfassung: | This paper uses household survey data which covers the period from 2001 through 2003 to study the cash and deposits demand of households. This data enables us to obtain empirical findings which could not previously be derived through analyses using conventional macroeconomic time-series data. First, for asset demand, we found that the fluctuations in the extensive margin (the decisions on whether or not to hold a financial product) are sometimes more important than the fluctuations in the intensive margin (the decisions on the amounts of the financial product held). Second, we conducted detailed analyses on the causes of fluctuations in the cash demand of individual households. Third, thanks to qualitative questions in our data set, we managed to distinguish between the fluctuations in asset demand due to low interest rates and those in response to various measures that are aimed at enhancing the safety of household savings. Fourth, we quantified the economic effects of personal financial education.--Author's description. |
Beschreibung: | 64 S. graph. Darst. |
Internformat
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490 | 1 | |a Discussion paper series / Institute for Monetary and Economic Studies, Bank of Japan |v 2006,12 | |
520 | 3 | |a This paper uses household survey data which covers the period from 2001 through 2003 to study the cash and deposits demand of households. This data enables us to obtain empirical findings which could not previously be derived through analyses using conventional macroeconomic time-series data. First, for asset demand, we found that the fluctuations in the extensive margin (the decisions on whether or not to hold a financial product) are sometimes more important than the fluctuations in the intensive margin (the decisions on the amounts of the financial product held). Second, we conducted detailed analyses on the causes of fluctuations in the cash demand of individual households. Third, thanks to qualitative questions in our data set, we managed to distinguish between the fluctuations in asset demand due to low interest rates and those in response to various measures that are aimed at enhancing the safety of household savings. Fourth, we quantified the economic effects of personal financial education.--Author's description. | |
650 | 4 | |a Bank | |
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700 | 1 | |a Shioji, Etsuro |e Verfasser |4 aut | |
810 | 2 | |a Institute for Monetary and Economic Studies, Bank of Japan |t Discussion paper series |v 2006,12 |w (DE-604)BV010647223 |9 2006,12 | |
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Datensatz im Suchindex
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author | Fujiki, Hiroshi Shioji, Etsuro |
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discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
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id | DE-604.BV021728051 |
illustrated | Illustrated |
index_date | 2024-07-02T15:25:26Z |
indexdate | 2024-07-09T20:42:39Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-014941598 |
oclc_num | 71328501 |
open_access_boolean | |
owner | DE-355 DE-BY-UBR DE-188 |
owner_facet | DE-355 DE-BY-UBR DE-188 |
physical | 64 S. graph. Darst. |
publishDate | 2006 |
publishDateSearch | 2006 |
publishDateSort | 2006 |
publisher | IMES |
record_format | marc |
series2 | Discussion paper series / Institute for Monetary and Economic Studies, Bank of Japan |
spelling | Fujiki, Hiroshi Verfasser aut Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" Hiroshi Fujiki and Etsuro Shioji Tokyo IMES 2006 64 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Discussion paper series / Institute for Monetary and Economic Studies, Bank of Japan 2006,12 This paper uses household survey data which covers the period from 2001 through 2003 to study the cash and deposits demand of households. This data enables us to obtain empirical findings which could not previously be derived through analyses using conventional macroeconomic time-series data. First, for asset demand, we found that the fluctuations in the extensive margin (the decisions on whether or not to hold a financial product) are sometimes more important than the fluctuations in the intensive margin (the decisions on the amounts of the financial product held). Second, we conducted detailed analyses on the causes of fluctuations in the cash demand of individual households. Third, thanks to qualitative questions in our data set, we managed to distinguish between the fluctuations in asset demand due to low interest rates and those in response to various measures that are aimed at enhancing the safety of household savings. Fourth, we quantified the economic effects of personal financial education.--Author's description. Bank Ökonometrisches Modell Banks and banking Japan Demand for money Japan Econometric models Interest rates Japan Econometric models Saving and investment Japan Econometric models Shioji, Etsuro Verfasser aut Institute for Monetary and Economic Studies, Bank of Japan Discussion paper series 2006,12 (DE-604)BV010647223 2006,12 |
spellingShingle | Fujiki, Hiroshi Shioji, Etsuro Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" Bank Ökonometrisches Modell Banks and banking Japan Demand for money Japan Econometric models Interest rates Japan Econometric models Saving and investment Japan Econometric models |
title | Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" |
title_auth | Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" |
title_exact_search | Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" |
title_exact_search_txtP | Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" |
title_full | Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" Hiroshi Fujiki and Etsuro Shioji |
title_fullStr | Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" Hiroshi Fujiki and Etsuro Shioji |
title_full_unstemmed | Bank health concerns, low interest rates and money demand evidence from the "public opinion survey on household financial assets and liabilities" Hiroshi Fujiki and Etsuro Shioji |
title_short | Bank health concerns, low interest rates and money demand |
title_sort | bank health concerns low interest rates and money demand evidence from the public opinion survey on household financial assets and liabilities |
title_sub | evidence from the "public opinion survey on household financial assets and liabilities" |
topic | Bank Ökonometrisches Modell Banks and banking Japan Demand for money Japan Econometric models Interest rates Japan Econometric models Saving and investment Japan Econometric models |
topic_facet | Bank Ökonometrisches Modell Banks and banking Japan Demand for money Japan Econometric models Interest rates Japan Econometric models Saving and investment Japan Econometric models |
volume_link | (DE-604)BV010647223 |
work_keys_str_mv | AT fujikihiroshi bankhealthconcernslowinterestratesandmoneydemandevidencefromthepublicopinionsurveyonhouseholdfinancialassetsandliabilities AT shiojietsuro bankhealthconcernslowinterestratesandmoneydemandevidencefromthepublicopinionsurveyonhouseholdfinancialassetsandliabilities |