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The interplay of wealth inequality and macroeconomic dynamics under secular stagnation

Research Project

Project/Area Number 25K00179
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Review Section Basic Section 07010:Economic theory-related
Research InstitutionSophia University

Principal Investigator

SCHLEGL Matthias  上智大学, 経済学部, 准教授 (50844982)

Project Period (FY) 2025-04-01 – 2029-03-31
Project Status Granted (Fiscal Year 2025)
Budget Amount *help
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2028: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2027: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2026: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2025: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
KeywordsSecular stagnation / Underemployment / Inequality / Wealth preference
Outline of Research at the Start

This research project studies the interactions between wealth inequality and macroeconomic developments, such as inflation and economic growth, in a zero interest rate environment. We also analyze the effects of redistributive policies, such as wealth taxes, for economic growth and social welfare.

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Published: 2025-05-07   Modified: 2025-06-20  

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