Age Effects on Preference Parameters: An Empirical Study with Japanese Panel Study of Preference Parameters
| Project/Area Number |
26590030
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Multi-year Fund |
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| Research Field |
Economic theory
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| Research Institution | Kobe International University |
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Principal Investigator |
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| Project Period (FY) |
2014-04-01 – 2016-03-31
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| Project Status |
Completed (Fiscal Year 2015)
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| Budget Amount *help |
¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2015: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2014: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
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| Keywords | マクロ経済学 / 行動経済学 / 時間割引率 |
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| Outline of Final Research Achievements |
We explore to what extent preference parameters vary with age and investigate what educational characteristics during adolescence are associated with age differences in preference parameters. Using the Japanese panel study of preference parameters, we find a U-shaped relationship between age and time discounting. We also show that educational achievement at 15 years old is associated with age differences in time discounting.
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Report
(3 results)
Research Products
(3 results)
