| Project/Area Number |
25380365
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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 |
Public finance/Public economy
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| Research Institution | Yokohama City University |
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Principal Investigator |
KOOK Joong-Ho 横浜市立大学, 国際マネジメント研究科, 教授 (50282934)
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Project Status |
Completed (Fiscal Year 2015)
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| Budget Amount *help |
¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
Fiscal Year 2015: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
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)
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| Keywords | 世代間所得移転 / 人的資本投資 / 教育 / 物的移転 / 流動性制約 / 租税政策 / 家計所得 / 世代間所得移転経路 / 稼得能力 / 世代間所得分布 |
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| Outline of Final Research Achievements |
This study discusses a model concerning intergenerational bequests and human capital investment. In the presence of credit market imperfection and liquidity constraint to human capital investment or education, income distribution can be divided into two groups: the poor and the rich. A policy that taxes on the rich’s labor income and reduces the cost of education can be thought of as a measure to prevent the income distribution from diverging. The policy measure induces ‘double effects,’ and thus differs from a conventional redistributive policy which just transfers the income from the rich to the poor. One is the direct income increase effect by reducing the cost of education, and the other is the income increase effect by lessening the liquidity constraint which originates from credit market imperfection.
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