A0796
Title: How do people tweet against inflation in Japan
Authors: Toshitaka Sekine - Hitotsubashi University (Japan) [presenting]
Abstract: During the chronic deflation era starting in the 1990s, Japanese inflation expectations were said to be firmly anchored at a very low level, around zero, and households were quite against any price hikes. This resulted in the zero-inflation norm, implying prices are not only expected to rise but also should not be raised. A natural language processing technique is applied to tweets to uncover whether there has been any change in households' sentiments against price hikes in recent years.
