2014 Fiscal Year Final Research Report
A Micro Data Analysis of Heterogeneity in Preferences and Consumption Insurance
Project/Area Number |
24730190
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Multi-year Fund |
Research Field |
Economic statistics
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Research Institution | University of Tsukuba |
Principal Investigator |
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Project Period (FY) |
2012-04-01 – 2015-03-31
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Keywords | 経済統計学 / 家計消費 |
Outline of Final Research Achievements |
This study investigated heterogeneity in preferences of economic agents using data from developed countries. First, it attempted to extend existing studies which showed that allowing for the subsistence level of consumption is useful when modeling heterogeneity in preferences. Second, this study utilized a framework in which it is assumed that economic agents do not know the true model, and showed that there is a relation between heterogeneity in preferences and the degree of model uncertainty aversion.
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Free Research Field |
マクロ経済学、計量経済学
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