Article Title: 'Capital Gains in Japan: Their Magnitude and Impact on Consumption' by Charles Yuji Horioka

File size: 19KB

Description of data:

This data file contains the data used in the regression analysis in the paper Charles Yuji Horioka, "Capital Gains in Japan: Their Magnitude and Impact on Consumption," Economic Journal, vol. 106, no. 436 (May 1966), pp. 560-577.
The variable definitions are as follows:
rcon = real per capita final consumption expenditure of the household sector broadly defined
rydhn4 = real per capita disposable income of the household sector broadly defined
ryl = real per capita after-tax labour income
rw3 = real per capita wealth (net worth) of the household sector broadly defined at the beginning of the year at market value
lc = ln(rcon)
lyd = ln(rydhn4)
lyl = ln(ryl)
lw3 = ln(rw3)
All variables are available for the 1955-93 period.
All real variables are in units of billions of constant yen at 1985 prices.

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Horioka.exe (19KB)