Jouchi Nakajima
Macroeconomic uncertainty index for Japan
The latest:
mu.csv - From 1979/Jun. to 2023/Nov. (updated in 2024/Jan.)
Cite both articles below when using this dataset.
The dataset is estimated and released by J. Nakajima within his research activity.
The appendix of Nakajima (2024) describes the computation method for the dataset.
While some of the authors in the article are staff of the Bank of Japan, the dataset is not the official view of the Bank of Japan.
The dataset is updated every few months. The past figures are also re-estimated and subject to updates.
References:
Shinohara, T., T. Okuda, and J. Nakajima (2020). "Characteristics of uncertainty indices in the macroeconomy" Working Paper Series No.20-E-6, Bank of Japan
Nakajima, J. (2024). "The impact of macroeconomic uncertainty on the relationship between financial volatility and real economic activity" Applied Economics, in press [Working Paper version]