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 2024/05
形態種別 学術雑誌
査読 査読あり
標題 The Time Trend and Life-cycle Profiles of Consumption
執筆形態 共著(筆頭者以外)
掲載誌名 Review of Economics of the Household
掲載区分国外
出版社・発行元 Springer
著者・共著者 Sagiri Kitao
概要 This paper analyzes the time trend of household consumption in Japan between 1981 and 2020, using microdata from the Family Income and Expenditure Survey (FIES). We examine how the trends in the levels, shares, and growth of consumption vary across categories of consumption, items and age groups, and assess changes in consumption inequality over time. Our analysis shows that consumption inequality mildly increased, driven primarily by the trend of service consumption. Additionally, we estimate the life-cycle profiles of consumption and find that the age component of total consumption follows a standard hump-shaped pattern, but varies significantly across goods and service categories and item groups. Finally, using the estimated age profiles of different consumption items, we project how aggregate consumption and its composition may evolve as Japan’s population ages in the coming decades.
DOI https://doi.org/10.1007/s11150-024-09710-z
researchmap用URL https://link.springer.com/article/10.1007/s11150-024-09710-z