ヤマダ　トモアキ   Yamada Tomoaki   山田　知明    所属   明治大学  商学部    職種   専任教授
言語種別	英語
発行・発表の年月	2009/11
形態種別	学術雑誌
査読	査読あり
標題	Persistence of Income Shocks and Consumption Inequality: A Case in Japan
執筆形態	単著
掲載誌名	Economics Bulletin
巻・号・頁	29(4),pp.2816-2825
概要	The present study investigate the relationship between the persistence of uninsurable income shocks and consumption inequality over a household's life cycle in Japan. Using a life cycle model with incomplete asset markets and calibrated parameters for the Japanese economy, we quantitatively show that moderate persistence of shocks generate a nonlinear consumption inequality profile over the life cycle. The moderate persistence of shocks well replicates the pattern of consumption inequality in Japan.