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Micro-Data Based Analyses on the Economic Behaviors of Households and Policy Effectiveness in Japan

Research Project

Project/Area Number 23243046
Research Category

Grant-in-Aid for Scientific Research (A)

Allocation TypeSingle-year Grants
Section一般
Research Field Economic policy
Research InstitutionHitotsubashi University

Principal Investigator

HORI MASAHIRO  一橋大学, 経済研究所, 非常勤研究員 (50284667)

Co-Investigator(Kenkyū-buntansha) INAGAKI Seiichi  東京工業大学, 大学院イノベーションマネジメント研究科, 客員教授 (30526380)
MURATA Keiko  首都大学東京, 社会(科)学研究科, 教授 (90526443)
HAMAAKI Junya  一橋大学, 大学院経済学研究科, 講師 (90572769)
Project Period (FY) 2011-04-01 – 2014-03-31
Project Status Completed (Fiscal Year 2013)
Budget Amount *help
¥33,150,000 (Direct Cost: ¥25,500,000、Indirect Cost: ¥7,650,000)
Fiscal Year 2013: ¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000)
Fiscal Year 2012: ¥13,000,000 (Direct Cost: ¥10,000,000、Indirect Cost: ¥3,000,000)
Fiscal Year 2011: ¥17,160,000 (Direct Cost: ¥13,200,000、Indirect Cost: ¥3,960,000)
Keywords恒常所得仮説 / 日本的雇用慣行 / 生涯所得 / 退職一時金 / 資産相続 / 所得・資産格差 / 世帯消費 / 政策効果 / 日本的雇用 / 遺産相続 / ミクロ・データ / 世帯消費・貯蓄
Research Abstract

This research project examines the evolution of income and asset distribution among Japanese households from the mid-1980s to date, and evaluates its impact on household economic behaviors. We used micro data from multiple sources, including the Family Income and Expenditure Survey, the Japanese Panel Survey of Consumers, the Statistical Survey on Farm Management and Economy, as well as data from our own original survey about family relationships, retirement allowances, and intergenerational transfers in Japan. After constructing a panel dataset of individual households, we use it to examine several key questions about consumer behaviors in Japan, including the validity of the permanent income hypothesis for Japanese consumers, and structural steadiness of the Japanese employment system. We also tried several micro data based policy evaluation studies, in particular, studies concerning economic policy measures undertaken by the Japanese government during Japan's Lost Decades.

Report

(4 results)
  • 2013 Annual Research Report   Final Research Report ( PDF )
  • 2012 Annual Research Report
  • 2011 Annual Research Report
  • Research Products

    (38 results)

All 2014 2013 2012 2011 Other

All Journal Article (27 results) (of which Peer Reviewed: 12 results) Presentation (11 results)

  • [Journal Article] Is there a retirement consumption puzzle in Japan? Evidence based on panel data on households in the agricultural sector2014

    • Author(s)
      M. Hori and K. Murata
    • Journal Title

      CIS Discussion Paper Series (一橋大学経済研究所世代間問題研究機構)

      Volume: No.616

    • URL

      http://cis.ier.hit-u.ac.jp/Japanese/publication/cis/dp2013/dp616/text.pdf

    • Related Report
      2013 Final Research Report
  • [Journal Article] The Run on Daily Foods and Goods after the 2011 Tohoku Earthquake : A Fact Finding Analysis Based on Homescan Data2014

    • Author(s)
      M. Hori and K. Iwamoto
    • Journal Title

      The Japanese Political Economy (M.E. Sharpe)

      Volume: Vol.40, No.1 Pages: 69-113

    • Related Report
      2013 Final Research Report
    • Peer Reviewed
  • [Journal Article] Intergenerational Transfers and Asset Inequality in Japan : Empirical Evidence from New Survey Data2014

    • Author(s)
      J. Hamaaki, M. Hori, and K. Murata
    • Journal Title

      Asian Economic Journal : Journal of the East Asian Economic Association (WILEY)

      Volume: Vol.28, No.1 Pages: 41-62

    • Related Report
      2013 Final Research Report
    • Peer Reviewed
  • [Journal Article] The Run on Daily Foods and Goods after the 2011 Tohoku Earthquake: A Fact Finding Analysis Based on Homescan Data2014

    • Author(s)
      Masahiro Hori and Koichiro Iwamoto
    • Journal Title

      The Japanese Political Economy

      Volume: 40(1) Issue: 1 Pages: 69-113

    • DOI

      10.2753/jes2329-194x400103

    • Related Report
      2013 Annual Research Report
  • [Journal Article] Intergenerational Transfers and Asset Inequality in Japan: Empirical Evidence from New Survey Data2014

    • Author(s)
      Junya Hamaaki, Masahiro Hori, and Keiko Murata
    • Journal Title

      Asian Economic Journal: Journal of the East Asian Economic Association

      Volume: 28(1) Issue: 1 Pages: 41-62

    • DOI

      10.1111/asej.12024

    • Related Report
      2013 Annual Research Report
    • Peer Reviewed
  • [Journal Article] How Does the First Job Matter for an Individual's Career Life in Japan?2013

    • Author(s)
      J. Hamaaki, M. Hori, S. Maeda, and K. Murata
    • Journal Title

      Journal of the Japanese and International Economies (Elsevier)

      Volume: Vol.29, Issue Pages: 154-169

    • NAID

      210000169601

    • Related Report
      2013 Final Research Report
    • Peer Reviewed
  • [Journal Article] The Pension System and Household Consumption and Saving Behavior2013

    • Author(s)
      J. Hamaaki
    • Journal Title

      Public Policy Review (Policy Research Institute, Ministry of Finance, Japan)

      Volume: Vol.9, No.4 Pages: 687-716

    • Related Report
      2013 Final Research Report
  • [Journal Article] The Second "Family and Lifestyle Survey" : Objectives, Features of the Survey, and Questionnaire2013

    • Author(s)
      M. Hori and K. Iwamoto, T. Niizeki, J. Hamaaki, and K. Murata
    • Journal Title

      CIS Discussion Paper Series (一橋大学経済研究所世代間問題研究機構)

      Volume: No.607

    • URL

      http://cis.ier.hit-u.ac.jp/Japanese/publication/cis/dp2013/dp607/text.pdf

    • Related Report
      2013 Final Research Report
  • [Journal Article] Inflation Expectations of Japanese Households : Micro Evidence from a Consumer Confidence Survey2013

    • Author(s)
      M. Hori and M. Kawagoe
    • Journal Title

      Hitotsubashi Journal of Economics (Hitotsubashi University)

      Volume: Vol.54, No.1 Pages: 17-38

    • NAID

      120005289984

    • Related Report
      2013 Final Research Report
  • [Journal Article] 退職一時金の実態とその規定要因 : 世帯アンケートの個票を用いた実証分析2013

    • Author(s)
      村田啓子、濱秋純哉、堀雅博
    • Journal Title

      経営と制度 (首都大学東京大学院社会科学研究科経営学専攻経営学会)

      Volume: 第11号 Pages: 1-17

    • NAID

      120005269205

    • Related Report
      2013 Final Research Report
    • Peer Reviewed
  • [Journal Article] Family and Lifestyle Survey : Objectives, Features of the 2011 Survey, and Questionnaire2013

    • Author(s)
      M. Hori, K. Iwamoto, J. Hamaaki, and K. Murata
    • Journal Title

      CIS Discussion Paper Series (一橋大学経済研究所世代間問題研究機構)

      Volume: No.588

    • URL

      http://cis.ier.hit-u.ac.jp/Japanese/publication/cis/dp2012/dp588/text.pdf

    • Related Report
      2013 Final Research Report
  • [Journal Article] How Does the First Job Matter for an Individual’s Career Life in Japan?2013

    • Author(s)
      Junya Hamaaki, Masahiro Hori, Saeko Maeda, Keiko Murata
    • Journal Title

      Journal of the Japanese and International Economies

      Volume: 29 Pages: 154-169

    • DOI

      10.1016/j.jjie.2013.07.004

    • NAID

      210000169601

    • Related Report
      2013 Annual Research Report
    • Peer Reviewed
  • [Journal Article] The Pension System and Household Consumption and Saving Behavior2013

    • Author(s)
      Junya Hamaaki
    • Journal Title

      Public Policy Review

      Volume: 9(4) Pages: 687-716

    • Related Report
      2013 Annual Research Report
  • [Journal Article] Inflation Expectations of Japanese Households: Micro Evidence from a Consumer Confidence Survey2013

    • Author(s)
      Masahiro Hori and Masaaki Kawagoe
    • Journal Title

      Hitotsubashi Journal of Economics

      Volume: 54(1) Pages: 17-38

    • NAID

      120005289984

    • Related Report
      2013 Annual Research Report
  • [Journal Article] 退職一時金の実態とその規定要因:世帯アンケートの個票を用いた実証分析2013

    • Author(s)
      村田啓子・濱秋純哉・堀雅博
    • Journal Title

      経営と制度

      Volume: Vol. 11 Pages: 1-17

    • NAID

      120005269205

    • Related Report
      2012 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Changes in the Japanese Employment System in the Two Lost Decades2012

    • Author(s)
      J. Hamaaki, M. Hori, S. Maeda, and K. Murata
    • Journal Title

      ILRReview : The Journal of Work and Policy (Cornell University)

      Volume: Vol.65, No.4 Pages: 810-846

    • Related Report
      2013 Final Research Report
    • Peer Reviewed
  • [Journal Article] 年功賃金制の劣化と生涯所得―ねんきん定期便の個人履歴情報に基づく分析2012

    • Author(s)
      堀雅博、岩本光一郎
    • Journal Title

      年金と経済 (公益(財)年金シニアプラン総合研究機構)

      Volume: Vol.31、No.3 Pages: 61-70

    • Related Report
      2013 Final Research Report
  • [Journal Article] Do households smooth expenditure over anticipated income changes? Evidence from bonus payments to public employees in Japan2012

    • Author(s)
      M. Hori and S. Shimizutani
    • Journal Title

      Journal of the Japanese and International Economies (Elsevier)

      Volume: Vol.26, Issue3 Pages: 405-433

    • NAID

      210000178497

    • Related Report
      2013 Final Research Report
    • Peer Reviewed
  • [Journal Article] Lifetime Labor Income and the Erosion of Seniority-Based Wages in Japan : Evidence Based on Administrative Data Records2012

    • Author(s)
      M. Hori and K. Iwamoto
    • Journal Title

      CIS Discussion Paper Series (一橋大学経済研究所世代間問題研究機構)

      Volume: No.554

    • URL

      http://cis.ier.hit-u.ac.jp/Japanese/publication/cis/dp2012/dp554/text.pdf

    • Related Report
      2013 Final Research Report
  • [Journal Article] 年功賃金制の劣化と生涯所得-ねんきん定期便の個人履歴情報に基づく分析2012

    • Author(s)
      岩本光一郎・堀雅博
    • Journal Title

      年金と経済

      Volume: Vol. 31, No. 3 Pages: 61-70

    • Related Report
      2012 Annual Research Report
  • [Journal Article] Do households smooth expenditure over anticipated income changes? Evidence from bonus payments to public employees in Japan2012

    • Author(s)
      Masahiro Hori, and Satoshi Shimizutani
    • Journal Title

      Journal of THE JAPANEASE AND INTERNATIONAL ECONOMIES

      Volume: Volume 26, Issue 3 Issue: 3 Pages: 405-433

    • DOI

      10.1016/j.jjie.2012.06.001

    • NAID

      210000178497

    • Related Report
      2012 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Changes in the Japanese Employment System in the Two Lost Decades2012

    • Author(s)
      Junya Hamaaki, Masahiro Hori, Saeko Maeda, and Keiko Murata
    • Journal Title

      ILR Review The Journal of Work and Policy

      Volume: Volume 65, Number 4 Pages: 810-846

    • Related Report
      2012 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Changes in the Japanese Employment System in the Two Lost Decades2012

    • Author(s)
      Hamaaki, J., Hori, M., Maeda, S., K.Murata
    • Journal Title

      Industrial and Labor Relations Review

      Volume: (forthcoming)(掲載確定)

    • Related Report
      2011 Annual Research Report
    • Peer Reviewed
  • [Journal Article] The expenditure on children in Japan2011

    • Author(s)
      M. Hori
    • Journal Title

      CIS Discussion Paper Series (一橋大学経済研究所世代間問題研究機構)

      Volume: No.527

    • URL

      http://cis.ier.hit-u.ac.jp/Japanese/publication/cis/dp2011/dp527/text.pdf

    • Related Report
      2013 Final Research Report
  • [Journal Article] 我が国世帯における資産の世代間移転と資産格差 : アンケート調査の個票を用いた実証分析2011

    • Author(s)
      堀雅博、濱秋純哉
    • Journal Title

      季刊個人金融 ((財)ゆうちょ財団)

      Volume: Vol.6、No.2 Pages: 27-38

    • Related Report
      2013 Final Research Report
  • [Journal Article] 我が国世帯における資産の世代間移転と資産格差:アンケート調査の個票を用いた実証分析2011

    • Author(s)
      濱秋純哉、堀雅博
    • Journal Title

      季刊個人金融

      Volume: 第6巻2号 Pages: 27-38

    • Related Report
      2011 Annual Research Report
  • [Journal Article] 低成長と日本的雇用慣行:年功賃金と終身雇用の補完性を巡って2011

    • Author(s)
      濱秋純哉、堀雅博、前田佐恵子、村田啓子
    • Journal Title

      日本労働研究雑誌

      Volume: 611号 Pages: 26-37

    • Related Report
      2011 Annual Research Report
  • [Presentation] Projections of living arrangements and poverty rates for the elderly in Japan?Effect of changes in nuptiality behavior after the 1980s on the poverty rate2013

    • Author(s)
      稲 垣誠一
    • Organizer
      4th General Conference of the International Microsimulation Association
    • Place of Presentation
      Australian National University, Australia
    • Year and Date
      2013-12-12
    • Related Report
      2013 Final Research Report
  • [Presentation] Is There a Retirement Consumption Puzzle in Japan? Evidence Based on Panel Data on Households in the Agricultural Sector2013

    • Author(s)
      堀 雅博、村田啓子
    • Organizer
      2013年度秋季大会
    • Place of Presentation
      神奈川大学、神奈川県 (日本経済学会)
    • Year and Date
      2013-09-14
    • Related Report
      2013 Final Research Report
  • [Presentation] The Run on Daily Foods and Goods After the 2011 Tohoku Earthquake : A Fact Finding Analysis Based on Homescan Data2013

    • Author(s)
      堀 雅博、岩本光一郎
    • Organizer
      2013年度秋季大会
    • Place of Presentation
      神奈川大学、神奈川県 (日本経済学会)
    • Year and Date
      2013-09-14
    • Related Report
      2013 Final Research Report
  • [Presentation] Is There a Retirement Consumption Puzzle in Japan?2013

    • Author(s)
      堀 雅博、村田啓子
    • Organizer
      Western Economic Association International 10th Biennial Pacific Rim Conference Preliminary Program
    • Place of Presentation
      Keio University, Tokyo
    • Year and Date
      2013-03-16
    • Related Report
      2013 Final Research Report
  • [Presentation] Lifetime Labor Income and the Erosion of Seniority-Based Wages in Japan : Evidence Based on Administrative Data Records2012

    • Author(s)
      堀雅博、岩本光一郎
    • Organizer
      2012年度秋季大会
    • Place of Presentation
      九州産業大学、福岡県 (日本経済学会)
    • Year and Date
      2012-10-07
    • Related Report
      2013 Final Research Report
  • [Presentation] Intergenerational Transfers and Asset Inequality in Japan : Empirical Evidence from a New Survey Data2011

    • Author(s)
      濱 秋純哉、堀雅博、村田啓子
    • Organizer
      2011年度春季大会
    • Place of Presentation
      熊本学園大学、熊本県 (日本経済学会)
    • Year and Date
      2011-05-21
    • Related Report
      2013 Final Research Report
  • [Presentation] Intergenerational Transfers and Asset Inequality in Japan : Empirical Evidence from a New Survey Data2011

    • Author(s)
      濱秋純哉、堀雅博、村田啓子
    • Organizer
      日本経済学会2011年度春季大会
    • Place of Presentation
      熊本学園大学
    • Year and Date
      2011-05-21
    • Related Report
      2011 Annual Research Report
  • [Presentation] Is There a Retirement Consumption Puzzle in Japan? Evidence Based on Panel Data on Households in the Agricultural Sector

    • Author(s)
      堀雅博・村田啓子
    • Organizer
      日本経済学会
    • Place of Presentation
      神奈川大学, 神奈川県
    • Related Report
      2013 Annual Research Report
  • [Presentation] The Run on Daily Foods and Goods After the 2011 Tohoku Earthquake: A Fact Finding Analysis Based on Homescan Data

    • Author(s)
      堀雅博・岩本光一郎
    • Organizer
      日本経済学会
    • Place of Presentation
      神奈川大学, 神奈川県
    • Related Report
      2013 Annual Research Report
  • [Presentation] Lifetime Labor Income and the Erosion of Seniority-Based Wages in Japan: Evidence Based on Administrative Data Records

    • Author(s)
      堀雅博・岩本光一郎
    • Organizer
      日本経済学会2012年度秋季大会
    • Place of Presentation
      九州産業大学、福岡県
    • Related Report
      2012 Annual Research Report
  • [Presentation] Is There a Retirement Consumption Puzzle in Japan?

    • Author(s)
      堀雅博・村田啓子
    • Organizer
      Western Economic Association International 10th Biennial Pacific Rim Conference
    • Place of Presentation
      慶應義塾大学、東京都
    • Related Report
      2012 Annual Research Report

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Published: 2011-04-06   Modified: 2019-07-29  

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