2022
DOI: 10.1016/j.asieco.2022.101547
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Do house prices play a role in unconventional monetary policy transmission in Japan?

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Cited by 2 publications
(3 citation statements)
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“…Here, the increase in house prices exerts a "wealth effect". Accordingly, the increase in house prices leads to an increase in household wealth and increases the consumption capacity of residents [40,47,48], which, in turn, influences the restructuring of residents' consumption and promotes the release of the consumption potential of yachting tourism.…”
Section: Influencing Factors Of Yachting Tourism Consumption Potentialmentioning
confidence: 99%
See 1 more Smart Citation
“…Here, the increase in house prices exerts a "wealth effect". Accordingly, the increase in house prices leads to an increase in household wealth and increases the consumption capacity of residents [40,47,48], which, in turn, influences the restructuring of residents' consumption and promotes the release of the consumption potential of yachting tourism.…”
Section: Influencing Factors Of Yachting Tourism Consumption Potentialmentioning
confidence: 99%
“…For the LnFAI, it was significant at the 0.05 level (t = 2.141, p = 0.041 < 0.05), and the regression coefficient value is 0.110 > 0, indicating that social fixed asset investment has a significant positive influence on consumption potential. Social fixed asset investment can reflect the level of economic urbanization to a certain extent; the higher the level of urbanization, the more sound the social infrastructure construction, especially the increase in investment in tertiary industry construction, which creates a good consumption environment for yachting tourism [47][48][49].…”
Section: Influencing Factors Of Yachting Tourism Consumption Potentialmentioning
confidence: 99%
“…Yılmaz ve Tosun (2020), konut satışı ile inşaat güven endeksinin aynı yönde ilişkili olduğunu belirtmişlerdir. Hirono (2020) ve Renzhi (2021), sırasıyla VAR ve SVAR modeli ile Japonya'ya yönelik çalışmalarında genişletici para politikaları ve düşük faiz politikalarının konut yatırımlarına olumlu etkilerini tespit etmişlerdir. Sönmezer ve Aytüre (2019), faiz oranlarının konut satışlarına doğrudan etki ettiğini vurgulamışlardır.…”
Section: Li̇teratür Araştirmasiunclassified