Research on Japanese households: Evidence from Micro data since the 1990's
| Project/Area Number |
24530231
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic statistics
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| Research Institution | Tokyo Metropolitan University |
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Principal Investigator |
MURATA Keiko 首都大学東京, 社会(科)学研究科, 教授 (90526443)
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| Project Period (FY) |
2012-04-01 – 2015-03-31
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| Project Status |
Completed (Fiscal Year 2014)
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| Budget Amount *help |
¥3,380,000 (Direct Cost: ¥2,600,000、Indirect Cost: ¥780,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2013: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2012: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Keywords | 消費の退職パズル / 恒常所得-ライフサイクル仮説 / 若年労働 / 遺産・相続 / 所得・資産 / パネル・データ / 日本 / 退職・消費パズル / 恒常所得ーライフサイクル仮説 / 格差 / 恒常所得―ライフサイクル仮説 |
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| Outline of Final Research Achievements |
Using micro data of households since the 1990's, this research has investigated various economic factors related to current policy issues in Japan. First, to address an issue of consumption behavior of elderly, we examine whether a retirement-consumption puzzle is observed, and, if it is the case, what the reasons are. Our new panel data shows that households' expenditure does decline after the retirement and that the decline is correlated with the decline in income. Second, to consider the long-run impacts of the rise in the youth unemployment rate, we test whether the first job status at her graduation year, which is affected by macroeconomic conditions at the time, matters her future job status. Though it matters, the effect would disappear if she can secure regular employment within a few years after graduation. Finally, about the inequality, higher income households are likely to receive larger asset transfers, the contribution of which to asset inequality appears to be limited.
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Report
(4 results)
Research Products
(11 results)
