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Housing assets and consumption among the Japanese elderly
https://doi.org/10.15099/00017910
https://doi.org/10.15099/0001791078dcbfba-5d1a-4efb-be07-465541954910
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
308_Iwata_20171116 (393.4 kB)
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| Item type | テクニカルレポート / Technical Report(1) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 公開日 | 2017-11-16 | |||||||||
| タイトル | ||||||||||
| タイトル | Housing assets and consumption among the Japanese elderly | |||||||||
| 言語 | ||||||||||
| 言語 | eng | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | elderly | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | land values | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | homeownership | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | bequest motives | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | Japan | |||||||||
| 資源タイプ | ||||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||||||
| 資源タイプ | technical report | |||||||||
| ID登録 | ||||||||||
| ID登録 | 10.15099/00017910 | |||||||||
| ID登録タイプ | JaLC | |||||||||
| 著者 |
Iwata, Shinichiro
× Iwata, Shinichiro
× Yukutake, Norifumi
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| 著者別名 | ||||||||||
| 識別子Scheme | WEKO | |||||||||
| 識別子 | 16 | |||||||||
| 識別子Scheme | CiNii ID | |||||||||
| 識別子URI | http://ci.nii.ac.jp/nrid/1000010334707 | |||||||||
| 識別子 | 1000010334707 | |||||||||
| 識別子Scheme | e-Rad | |||||||||
| 識別子URI | https://nrid.nii.ac.jp/nrid/1000010334707 | |||||||||
| 識別子 | 10334707 | |||||||||
| 姓名 | 岩田, 真一郎 | |||||||||
| 著者別名 | ||||||||||
| 識別子Scheme | WEKO | |||||||||
| 識別子 | 59866 | |||||||||
| 識別子Scheme | CiNii ID | |||||||||
| 識別子URI | http://ci.nii.ac.jp/nrid/9000009639849 | |||||||||
| 識別子 | 9000009639849 | |||||||||
| 識別子Scheme | e-Rad | |||||||||
| 識別子URI | https://nrid.nii.ac.jp/nrid/1000080804690 | |||||||||
| 識別子 | 80804690 | |||||||||
| 姓名 | 行武, 憲史 | |||||||||
| 抄録 | ||||||||||
| 内容記述 | A large proportion of the Japanese elderly have accumulated assets in the form of housing wealth. The elderly expect to fund consumption during their retirement by releasing housing equity. This paper estimates a fixed effects model to examine the causal effect of housing assets on consumption, using panel data of Japanese elderly households from 2006 to 2015. Contrary to the above expectation, the results suggest that changes in housing wealth do not significantly increase elderly consumption. The reason behind this result appears to be that the elderly homeowners cannot release part of their housing wealth as cash through the financial sector. Instead, elderly homeowners leave their housing assets to their children, and in exchange, receive cash to fund consumption. The impact on consumption, however, is rather small. Moreover, this mechanism tends to operate only in urban areas where the land values are relatively high. These results imply that housing wealth is available to only a limited proportion of Japanese elderly homeowners. | |||||||||
| 引用 | ||||||||||
| 内容記述 | Working Paper, No.308, 2017.11, Faculty of economics, university of toyama | |||||||||
| 書誌情報 |
Working Paper, No.308, 2017.11.16, Faculty of economics, university of toyama 巻 308, p. 1-37, 発行日 2017-11-16 |
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| 著者版フラグ | ||||||||||
| 出版タイプ | AM | |||||||||
| 出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa | |||||||||
| 出版者 | ||||||||||
| 出版者 | Faculty of economics, university of toyama | |||||||||
| 資源タイプ(DSpace) | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | Working Paper | |||||||||
| シリーズ | ||||||||||
| 関連名称 | Working Paper / No.308 | |||||||||
