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Reconsidering the Non-Keynesian Effects: A Microdata Analysis

Research Project

Project/Area Number 25380381
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Research Field Public finance/Public economy
Research InstitutionKwansei Gakuin University

Principal Investigator

Kameda Keigo  関西学院大学, 総合政策学部, 教授 (80286608)

Project Period (FY) 2013-04-01 – 2017-03-31
Project Status Completed (Fiscal Year 2016)
Budget Amount *help
¥3,900,000 (Direct Cost: ¥3,000,000、Indirect Cost: ¥900,000)
Fiscal Year 2015: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2014: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2013: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywords非ケインズ効果 / 個票データ / 家計調査 / オイラー方程式 / 財政赤字 / 世帯主年齢 / 年齢階級別 / 消費関数 / 家計消費 / 公的債務 / 財政再建 / 所得階層別 / 世帯主年齢階層別 / 年齢階層別 / 財政政策 / VAR / 貯蓄率関数
Outline of Final Research Achievements

The purpose of this paper is to reconsider the non-Keynesian effects using microdata from the Japanese Family Income and Expenditure Survey, which enabled us to collect the rotating monthly panel data for six consecutive months of approximately 8000 households’ income and expenditure records from 1981 to 2013. The estimation results show the non-Keynesian effects, and support its theoretical background that these effects are weaker for elderly households. Further, the results of food consumption are more significant than those of the sum of non-durable and service consumption and the total consumption expenditure, which is also consistent with the non-Keynesian effects.

Report

(5 results)
  • 2016 Annual Research Report   Final Research Report ( PDF )
  • 2015 Research-status Report
  • 2014 Research-status Report
  • 2013 Research-status Report
  • Research Products

    (19 results)

All 2017 2016 2015 2014 Other

All Journal Article (5 results) (of which Peer Reviewed: 4 results,  Open Access: 2 results) Presentation (13 results) (of which Int'l Joint Research: 4 results,  Invited: 1 results) Book (1 results)

  • [Journal Article] Distributional Preference in Japan2017

    • Author(s)
      Kameda, Keigo & Sato,Miho.
    • Journal Title

      The Japanese Economic Review

      Volume: 印刷中 Issue: 3 Pages: 394-408

    • DOI

      10.1111/jere.12112

    • Related Report
      2016 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Is fiscal expansion more effective in a financial crisis?2017

    • Author(s)
      Ashihara, Ayato & Keigo Kameda
    • Journal Title

      Applied Economics Letters

      Volume: 印刷中 Issue: 2 Pages: 111-114

    • DOI

      10.1080/13504851.2017.1299098

    • Related Report
      2016 Annual Research Report
    • Peer Reviewed
  • [Journal Article] 財政悪化とCDSレートの関係 ―テキストマイニングデータを用いた検証―2016

    • Author(s)
      亀田啓悟
    • Journal Title

      Working paper series (関西学院大学総合政策学部研究会)

      Volume: 52 Pages: 1-15

    • NAID

      120005698400

    • Related Report
      2015 Research-status Report
    • Open Access
  • [Journal Article] What Causes Changes in the Effects of Fiscal Policy? A Case Study of Japan2014

    • Author(s)
      Kameda, K.
    • Journal Title

      Japan and the World Economy

      Volume: 31 Pages: 14-31

    • DOI

      10.1016/j.japwor.2014.04.003

    • Related Report
      2014 Research-status Report
    • Peer Reviewed
  • [Journal Article] Budget deficits, government debt, and long-term interest rates in Japan2014

    • Author(s)
      Kameda, K.
    • Journal Title

      Journal of the Japanese and International economies

      Volume: 32 Pages: 105-124

    • DOI

      10.1016/j.jjie.2014.02.001

    • NAID

      210000172875

    • Related Report
      2014 Research-status Report
    • Peer Reviewed
  • [Presentation] Flexibility of Deficit Ceiling and Income Fluctuation in a Political Economy2016

    • Author(s)
      井堀俊宏・亀田啓悟
    • Organizer
      第20回公共選択学会全国大会
    • Place of Presentation
      拓殖大学 (東京、文京区)
    • Year and Date
      2016-12-17
    • Related Report
      2016 Annual Research Report
  • [Presentation] Reconsideration for Non-Keynesian Effects in Japan2016

    • Author(s)
      Kameda, Keigo
    • Organizer
      the 15th International Conference of the Japan Economic Policy Association
    • Place of Presentation
      大沼国際セミナーハウス(北海道、函館市)
    • Year and Date
      2016-10-29
    • Related Report
      2016 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Flexibility of Deficit Ceiling and Income Fluctuation in a Political Economy2016

    • Author(s)
      Kameda, Keigo
    • Organizer
      the 72th annual congress of the International Institute of Public Finance
    • Place of Presentation
      Reno (US)
    • Year and Date
      2016-08-09
    • Related Report
      2016 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Crowding out Effects of Public Works on Private Employment: A Case in the Stricken Area of the Great East Japan Earthquake2016

    • Author(s)
      Kameda, Keigo
    • Organizer
      the 91th Annual Conference of Western Economic Association international
    • Place of Presentation
      Portland (US)
    • Year and Date
      2016-06-29
    • Related Report
      2016 Annual Research Report
    • Int'l Joint Research
  • [Presentation] Conflicting Interest Groups, Contentious Public Goods, and Cooperation2015

    • Author(s)
      Ihori, T., Kameda, K.
    • Organizer
      Australiasian Public Choice Conference 2015
    • Place of Presentation
      Brisbane, Australia
    • Year and Date
      2015-12-04
    • Related Report
      2015 Research-status Report
    • Int'l Joint Research
  • [Presentation] 非ケインズ効果の再検討-所得階層・世帯主年齢階層別の分析-2015

    • Author(s)
      亀田啓悟
    • Organizer
      第19回公共選択学会
    • Place of Presentation
      明海大学(千葉県、浦安市)
    • Year and Date
      2015-11-22
    • Related Report
      2015 Research-status Report
  • [Presentation] 財政悪化とCDSレートの関係 ―テキストマイニングデータを用いた検証―2015

    • Author(s)
      亀田啓悟
    • Organizer
      第72回日本財政学会
    • Place of Presentation
      中央大学(東京都、文京区)
    • Year and Date
      2015-10-18
    • Related Report
      2015 Research-status Report
  • [Presentation] 財政政策の有効性-日本の経験2015

    • Author(s)
      亀田啓悟
    • Organizer
      シンポジウム『アジア開発銀行の功績と日本経済の課題』
    • Place of Presentation
      Changchun, China
    • Year and Date
      2015-10-10
    • Related Report
      2015 Research-status Report
    • Invited
  • [Presentation] 非ケインズ効果の再検討-所得階層・世帯主年齢階層別の分析-2015

    • Author(s)
      亀田啓悟
    • Organizer
      Summer Workshop for economic Theory 2016
    • Place of Presentation
      北海道大学(北海道、札幌市)
    • Year and Date
      2015-08-09
    • Related Report
      2015 Research-status Report
  • [Presentation] Ceiling and Income Fluctuation in a Political Economy2014

    • Author(s)
      IHORI, Toshihiro, KAMEDA, Keigo
    • Organizer
      Annual congress of the Australian Public Choice Conference
    • Place of Presentation
      Monash University, Melbourne, Australia.
    • Year and Date
      2014-12-05 – 2014-12-06
    • Related Report
      2014 Research-status Report
  • [Presentation] Public Capital and Comparative Advantage:Theory and Evidence2014

    • Author(s)
      YANASE, Akihiko, KAMEDA, Keigo
    • Organizer
      The 14th International Convention of the East Asian Economic Association
    • Place of Presentation
      Bankok, Thailand
    • Year and Date
      2014-11-01
    • Related Report
      2014 Research-status Report
  • [Presentation] Ceiling and Income Fluctuation in a Political Economy2014

    • Author(s)
      IHORI, Toshihiro, KAMEDA, Keigo
    • Organizer
      Annual congress of the Association of Public Economic Theory
    • Place of Presentation
      University of Washington, Seattle
    • Year and Date
      2014-07-11 – 2014-07-13
    • Related Report
      2014 Research-status Report
  • [Presentation] An Distributional Preferences Experiment: A Precurser to Japan's Fiscal Consolidation

    • Author(s)
      亀田 啓悟
    • Organizer
      日本財政学会第70回大会
    • Place of Presentation
      慶應義塾大学
    • Related Report
      2013 Research-status Report
  • [Book] ケインズ効果vs.非ケインズ効果-Near-VARからの接近(吉野直行・亀田啓悟・中田真佐男・中東雅樹編『日本経済の課題と針路』第2章)2015

    • Author(s)
      亀田啓悟
    • Total Pages
      364
    • Publisher
      慶應義塾大学出版会
    • Related Report
      2014 Research-status Report

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Published: 2014-07-25   Modified: 2019-07-29  

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