We construct a Törnqvist daily price index using Japanese point of sale (POS) scannerdata spanning from 1988 to 2013. We find the following. First, the POS based inflation rate tends to be about 0.5 percentage points lower than the CPI inflation rate, although the difference between the two varies over time. Second, the difference between the two measures is greatest from 1992 to 1994, when, ...

Working Less and Bargain Hunting More:Macro Implications of Sales during Japan's Lost Decades

Sudo, Nao, (2014)

Working less and bargain hunting more : macro implications of sales during Japan's lost decades

Sudo, Nao, (2014)

Why has Japan failed to escape from deflation?

Watanabe, Kota, (2018)