The Impact of Financial Environment in the 2000s on Household Financial Behavior

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  • 2000年代の金融環境が家計の金融行動にもたらす影響
  • 2000ネンダイ ノ キンユウ カンキョウ ガ カケイ ノ キンユウ コウドウ ニ モタラス エイキョウ

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Disposable income has been declining due to the recession since the end of the 1990s. In addition, low interest rates as an economic recovery policy have continued for more than 15 years since the early 2000s. But financial authorities then issued a slogan “from savings to investment” to encourage households to hold high-risk, high-return financial products. Under low interest rates, the asset effect on household savings is small. Furthermore, it is speculated that the deterioration of the management of financial institutions due to the low interest rate policy has had some impact on households. In this article, I will examine the impact of this low interest rate financial environment on households.

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