IDEAS home Printed from https://ideas.repec.org/p/cfi/fseres/cf624.html

Daily Inflation Expectations in Japan around the Time of Regime Change

Author

Listed:
  • Taisuke Nakata

    (The University of Tokyo)

  • Yoshiyuki Nakazono

    (Yokohama City University)

  • Kento Tango

    (Economic and Social Research Institute, Cabinet Office)

Abstract

We analyze how household inflation expectations respond to macroeconomic news using a daily survey in Japan in 2023-24, around the transition from a low- to high-inflation regime. The responses of inflation expectations vary widely across news events. responses of inflation expectations to news are sometimes correlated with surprise components of the news implied by private-sector inflation forecasts or financial markets. Long-run inflation expectations are no less responsive to inflation data releases—but are less responsive to monetary policy announcements—than short-run inflation expectations.

Suggested Citation

  • Taisuke Nakata & Yoshiyuki Nakazono & Kento Tango, 2026. "Daily Inflation Expectations in Japan around the Time of Regime Change," CARF F-Series CARF-F-624, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    • Handle: RePEc:cfi:fseres:cf624
    as

    Download full text from publisher

    File URL: https://www.carf.e.u-tokyo.ac.jp/wp/wp-content/uploads/2026/05/F624.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cfi:fseres:cf624. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/catokjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.