Measuring Impacts of Governmental Subsidies on Household Consumption
Project/Area Number |
22730226
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Single-year Grants |
Research Field |
Economic policy
|
Research Institution | Hitotsubashi University (2012-2013) Kobe University (2010-2011) |
Principal Investigator |
UNAYAMA TAKASHI 一橋大学, 経済研究所, 非常勤研究員 (20348840)
|
Project Period (FY) |
2010-04-01 – 2014-03-31
|
Project Status |
Completed (Fiscal Year 2013)
|
Budget Amount *help |
¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2013: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2012: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2011: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2010: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
|
Keywords | 消費 / ライフサイクル仮説 / 家計行動 / ミクロデータ / 補助金政策 / 定額給付金 / 児童手当 / 家計調査 |
Research Abstract |
This project measures the impact of governmental subsidies on household consumption to 1) test the lifecycle-permanent income hypothesis (LCPIH) and 2) derive an implication to the macroeconomic policy. We find that household behavior looks contradict to the LCPIH but the degree of deviation is not so large. The implication of this results is that a consumption-stimulating macro policy is not so effective.
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Report
(5 results)
Research Products
(11 results)