Sunspot fluctuations ulnder zero nominal interest rates

Yasuo Hirose

doi:10.1016/j.econlet.2007.02.015

Sunspot fluctuations ulnder zero nominal interest rates

Yasuo Hirose

研究成果: Article › 査読

3 被引用数 (Scopus)

抄録

We empirically examine to what extent self-fulfilling expectations, i.e. sunspots, affected macroeconomic fluctuations in Japan under the zero interest rate policy. According to our Bayesian estimation results, sunspots had substantial effects on both output and inflation.

本文言語	English
ページ（範囲）	39-45
ページ数	7
ジャーナル	Economics Letters
巻	97
号	1
DOI	https://doi.org/10.1016/j.econlet.2007.02.015
出版ステータス	Published - 2007 10月
外部発表	はい

ASJC Scopus subject areas

財務
経済学、計量経済学

文献へのアクセス

10.1016/j.econlet.2007.02.015

他のファイルとリンク

引用スタイル

@article{9835df01de564210b34e3e4acd7f49f4,

title = "Sunspot fluctuations ulnder zero nominal interest rates",

abstract = "We empirically examine to what extent self-fulfilling expectations, i.e. sunspots, affected macroeconomic fluctuations in Japan under the zero interest rate policy. According to our Bayesian estimation results, sunspots had substantial effects on both output and inflation.",

keywords = "Bayesian analysis, Indeterminacy, Sunspots, Zero interest rates",

author = "Yasuo Hirose",

year = "2007",

month = oct,

doi = "10.1016/j.econlet.2007.02.015",

language = "English",

volume = "97",

pages = "39--45",

journal = "Economics Letters",

issn = "0165-1765",

publisher = "Elsevier",

number = "1",

}

TY - JOUR

T1 - Sunspot fluctuations ulnder zero nominal interest rates

AU - Hirose, Yasuo

PY - 2007/10

Y1 - 2007/10

N2 - We empirically examine to what extent self-fulfilling expectations, i.e. sunspots, affected macroeconomic fluctuations in Japan under the zero interest rate policy. According to our Bayesian estimation results, sunspots had substantial effects on both output and inflation.

AB - We empirically examine to what extent self-fulfilling expectations, i.e. sunspots, affected macroeconomic fluctuations in Japan under the zero interest rate policy. According to our Bayesian estimation results, sunspots had substantial effects on both output and inflation.

KW - Bayesian analysis

KW - Indeterminacy

KW - Sunspots

KW - Zero interest rates

UR - http://www.scopus.com/inward/record.url?scp=34548178067&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=34548178067&partnerID=8YFLogxK

U2 - 10.1016/j.econlet.2007.02.015

DO - 10.1016/j.econlet.2007.02.015

M3 - Article

AN - SCOPUS:34548178067

VL - 97

SP - 39

EP - 45

JO - Economics Letters

JF - Economics Letters

SN - 0165-1765

IS - 1

ER -

Sunspot fluctuations ulnder zero nominal interest rates

抄録

ASJC Scopus subject areas

文献へのアクセス

他のファイルとリンク

フィンガープリント

引用スタイル