2016 Fiscal Year Final Research Report
Research on the risk-aversion behaviors and optimal policies in the model of temptation and self-control: Theory and evidence
| Project/Area Number |
26380381
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Public finance/Public economy
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| Research Institution | Doshisha University |
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Principal Investigator |
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| Project Period (FY) |
2014-04-01 – 2017-03-31
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| Keywords | 現在偏向 / 出生率 / 貯蓄率 / 国債 / 児童手当 |
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| Outline of Final Research Achievements |
The objective of this research is to answer to the following two questions. How does the present-biased preference affect risk aversion behaviors, such as family formation, education, and health investment? What kind of public policy is necessary in the presence of present-biased preference?
I've got three outcomes. First, child allowances could reduce fertility if grandparent's help for childcare is a key factor for household fertility production. Second, the fertility rate would fluctuate according to capital accumulation if capital and labor are complements in the childcare production sector. Third, public debt policy should be strictly managed not only for the sustainability of public finance but also for enhancing per capita income growth and fertility.
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| Free Research Field |
公共経済学
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