2010 Fiscal Year Final Research Report
Labor Supply and Wealth Accumulation in an Aging Society with a Falling Birthrate
| Project/Area Number |
21730220
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| Research Category |
Grant-in-Aid for Young Scientists (B)
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| Allocation Type | Single-year Grants |
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| Research Field |
Economic policy
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| Research Institution | Ritsumeikan University |
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Principal Investigator |
YASUI Kengo Ritsumeikan University, 経済学部, 准教授 (80432459)
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| Project Period (FY) |
2009 – 2010
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| Keywords | 家計行動 / 労働経済学 |
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| Research Abstract |
We examined whether differences in saving plan account for the variation in wealth accumulation among Japanese households using micro-data. Controlling for preference parameters which affect consumption behavior, we found that planning behavior can explain the differences in wealth accumulation. We also found that discount rate has a significant negative effect on wealth accumulation, which means patient households accumulate more wealth than impatient household.
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Research Products
(10 results)
