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	2014/03
形態種別	その他
標題	A Note on Risk Sharing against Idiosyncratic Shocks and Geographic Mobility in Japan
執筆形態	単著
掲載誌名	MPRA Paper
巻・号・頁	54886,pp.1-8
概要	In this study, using Japanese household panel data, we analyze how well idiosyncratic income risks are shared by regions. We find that geographic mobility influences individual consumption growth rates, suggesting that complete asset markets fail to exist. We reject the full insurance hypothesis for both urban and rural areas and find that the extent of risk sharing differs significantly by region.