wealth effectとは 意味・読み方・使い方

With respect to the effects of the subprime mortgage problem on US households, as mentioned above, given that US households have a considerable amount of stocks and other financial assets, supposing that stock prices were to rise significantly, it is conceivable that any negative wealth effect caused by falling housing prices would be offset by the wealth effect attributable to the increases in stock prices.例文帳に追加

今回のサブプライム住宅ローン問題が米国家計に与える影響については、前述のとおり、米国家計が株式等金融資産を相当額保有していることから、仮に、今後、株価が大きく上昇することになれば、住宅価格の下落による逆資産効果を、株価上昇による資産効果が相殺することも考えられる。 - 経済産業省

Should the confidence of market participants toward the Japanese market be undermined, it could have an extremely significant adverse effect on Japan's overall economic growth and on national wealth.発音を聞く 例文帳に追加

我が国市場に対する市場参加者の信頼が損なわれることとなれば、我が国の経済全体の成長や国民の豊かさの実現に極めて重大な悪影響を及ぼすこととなりかねない。 - 金融庁

In other words, with respect to the wealth effect, and in particular, the high degree of dependence on the financial environment by way of housing assets, concerns have been realized that the dissipation of the housing asset effect could lead to an even greater impact on household expenditure should the financial environment deteriorate.例文帳に追加

すなわち、資産効果、特に住宅資産を通じた金融環境への依存度の高さは、その環境が悪化した場合には、住宅資産効果の剥落を通じてより大きな影響を家計支出に与えかねないという懸念が現実のものとなっていることが指摘できる。 - 経済産業省

The strength of the economy is due, at least in part, to increased productivity, owing to buoyant information technology (IT)-related investment. However, there is concern that economic growth may be substantially influenced by an over-optimistic view about the future and the wealth effect of overvalued stock prices.発音を聞く 例文帳に追加

米国経済の力強さは活発なＩＴ（情報技術）投資による生産性の向上などに支えられているという側面がある一方で、将来に対する楽観的な見通しや高い株価の水準による資産効果等の影響を大きく受けているのではないかとの懸念もあります。 - 財務省

Data on published land prices show that prices declined for the first time in three years, and this may raise concern about a slump in personal consumption due to the negative wealth effect as well as about curbs on new loans and forcible collection of outstanding loans due to a decline in the value of collateral. In light of this, how do you view the data on published land prices, which were announced yesterday?発音を聞く 例文帳に追加

地価公示がありまして、３年振りに下落に転じたということで、逆資産効果による個人消費の冷え込みですとか、あるいは担保価値が下がることで貸し渋り、貸し剥がしという懸念も出てくるかと思うんですが、そういった面も含めて昨日の地価公示の結果について大臣、どう評価されますか。 - 金融庁

In other words, it is believed that, amid the easing of monetary conditions: (a) as stocks, houses and other assets, the prices of which fluctuate greatly according to interest rate levels, increased their weight on the balance sheet of the household budget16 , and as the wealth effect attributable to declining interest rates strengthened (a decline in interest rates has the effect of forcing up household consumption expenditure through increases in the market value of assets held); (b) debt increased further as the ratio of deposits to household assets decreased, interest-bearing liabilities exceeded interest-bearing assets, and a structure was being reinforced whereby declines in interest rates would improve the interest paid and received situation (see Figure 1-2-20).例文帳に追加

すなわち、金融緩和の中で、①株式、住宅等その価格が金利水準によって大きく変動する資産が家計のバランスシートに占めるウェイトが上昇し16、金利低下による資産効果（金利低下が保有資産の時価上昇を通じて家計の消費支出を押し上げる効果）が強まる中、②家計資産に占める預金等の比重低下と借入金の増加が同時に進み、利付資産・負債がネットで負債超の状態となり金利の低下が家計の利息収支を改善させる構造が強まっていったと考えられる（第1-2-20図）。 - 経済産業省