| Project/Area Number |
25870238
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Multi-year Fund |
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| Research Field |
Economic policy
Economic statistics
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| Research Institution | Keio University |
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Principal Investigator |
Naoi Michio 慶應義塾大学, 経済学部, 准教授 (70365477)
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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 |
¥2,860,000 (Direct Cost: ¥2,200,000、Indirect Cost: ¥660,000)
Fiscal Year 2015: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2014: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2013: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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| Keywords | 住宅資産 / 家計消費 / 労働移動 / 住宅資産価格 |
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| Outline of Final Research Achievements |
This research project aims at investigating (1) the housing wealth effects on consumption and household formation, and (2) the relationship between homeownership and labor mobility. Regarding the first topic, homeowners' consumption responses to housing wealth shocks are measured using various sources of data, for which behavioral economic interpretations are provided. Regarding the second topic, the relationship between homeownership and labor mobility is examined using both aggregate and individual-level longitudinal data. These research outcomes are presented at various conferences, and are published as journal articles and chapters in academic books.
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