1990 Fiscal Year Final Research Report Summary
A Quantitative Analysis of Wealth Distribution in Japan
Project/Area Number |
63530023
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Research Category |
Grant-in-Aid for General Scientific Research (C)
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Allocation Type | Single-year Grants |
Research Field |
経済事情及び政策学
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Research Institution | Hitotsubashi University |
Principal Investigator |
TAKAYAMA Noriyuki Professor, Institute of Economic Research, H. U., 経済研究所, 教授 (30102940)
|
Co-Investigator(Kenkyū-buntansha) |
UNO Fumiko Lecturer, Department of Human Sciences, Toyo Eiwa Women's University, 人文学部, 講師 (20017669)
|
Project Period (FY) |
1988 – 1990
|
Keywords | Real Asset / Monetary Asset / Human Capital / Real Estate Tax / Local Income Tax / Lifetime Wages / Consumption Tax / Social Security Contribution |
Research Abstract |
1. In 1984, the estimated value of average holdings of household wealth (net worth) in Japan was 28 million yen ; 56% of it was the residential land holdings. 2. In the same year, the estimated value of average household wealth in the United States was 101,900 dollars ; a little less than the above value of Japanese households. 3. The average value of human capital in Japan in 1984 was estimated to be 130 million yen, 4.7 times as large as that of net worth. 4. Those households of age 25-29 in Japan had 215 million yen human capital on average ; 68% of it (150 million yen) was lifetime wages. 5. Increasing real estate tax with decreasing local income tax will reduce the burdens of workers' households in Japan ; While those who own huge amounts of real estate but earn not so highーlevel cash income will be forced to pay more. 6. Which taxes more, social security contributions or consumption tax? For workers'households, the former will tax more on the whole.
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Research Products
(10 results)