A Micro Data Analysis of Heterogeneity in Preferences and Consumption Insurance
Project/Area Number |
24730190
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Multi-year Fund |
Research Field |
Economic statistics
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Research Institution | University of Tsukuba |
Principal Investigator |
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Project Period (FY) |
2012-04-01 – 2015-03-31
|
Project Status |
Completed (Fiscal Year 2014)
|
Budget Amount *help |
¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2013: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2012: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
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Keywords | 経済統計学 / 家計消費 |
Outline of Final Research Achievements |
This study investigated heterogeneity in preferences of economic agents using data from developed countries. First, it attempted to extend existing studies which showed that allowing for the subsistence level of consumption is useful when modeling heterogeneity in preferences. Second, this study utilized a framework in which it is assumed that economic agents do not know the true model, and showed that there is a relation between heterogeneity in preferences and the degree of model uncertainty aversion.
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Report
(4 results)
Research Products
(1 results)