On Determinants of Asset Distributions in Japan: Theory and Evidence

日本资产分配的决定因素：理论与证据

• 批准号: 18530212
• 负责人: TAKEDA Yosuke
• 金额: $ 2.45万
• 依托单位: Sophia University
• 依托单位国家: 日本
• 项目类别: Grant-in-Aid for Scientific Research (C)
• 财政年份: 2006
• 资助国家: 日本
• 起止时间: 2006 至 2007
• 项目状态: 已结题
• 来源: https://kaken.nii.ac.jp/grant/KAKENHI-PROJECT-18530212/
• 关键词: Economic Fluctuation; Inflation; Infrastructure; Flow of Funds; Education; Tobin Effect; Market Communication; 世代; 将来不安; 情報集約機能; 借り入れ制約; 資産分布; 教育投資; 借入制約; 予備的貯蓄; 不可逆性

The research project addressed effects of economic fluctuations and inflation on determination of assets' distributions. We empirically analyzed the Japanese data, relying upon some theoretical models.Concerning effects of economic fluctuations, we have three publications:“Industrial Spillover of Productivities through R&D and Intermediate Materials: A Case of Road"; “Business Cycle and How of Funds"; “On Determinants of Educational Expenditures by the Japanese Households: Using the Japanese Panel Survey of Consumers."The first paper identifies effects of R&D and intermediate materials on productivities'spillover among industries. The second paper estimates the VAR models where each financial item held by each economic agent (households, corporations or government) is included with some aggregates of economic fluctuations and monetary policy's instruments. The third one gives us some evidence upon how educational expenditures for children's human capital depend upon parents' educational backgrounds, incomes earned or assets held.We also have another two papers upon effects of inflation. A paper entitled as “A Note on the Robustness of the Tobin Effect in Incomplete Market" constructs a model of the Tobin effect where moderate level of inflation can cause an increase in social welfare. The other paper empirically analyzes announcement effects of public or private signals upon asset prices, taking as examples announcements of the Consumer Price Index, the Index for Industrial Production, or monetary policy meetings of the Bank of Japan (“Market Communication: A Case of the Bank of Japan after the New Law").

经济波动和确定日本数据的分布，一些理论模型。国际生产力的材料在第二篇论文中。效果下的纸张，题为“关于托宾效应在incomppte市场中的鲁棒性的注释”作为消费者价格指数，工业生产指数或日本银行货币政策会议的示例公告

项目成果

「景気循環と資金循環」『日本経済の構造変化と景気循環』第8章

《经济周期与资金周期》《日本经济的结构变化与经济周期》第8章

• 发表时间: 2007
• 作者: 矢嶋康次;地主敏樹;竹田陽介
• 通讯作者: 竹田陽介

「R&Dおよび中間投入を通じた産業間のSpillover : 道路資本ストックの生産性効果」『日本経済の構造変化と景気循環』第12章

“通过研发和中间投入进行的行业间溢出：公路资本存量对生产率的影响”日本经济的结构变化和商业周期，第 12 章

• 发表时间: 2007
• 作者: 竹田陽介;小巻泰之
• 通讯作者: 小巻泰之

Market Communication^ A Case of the Bank of Japan after the New Law

市场沟通^新法实施后的日本银行案例

• 发表时间: 2008
• 期刊: Chapter 8 in The Japanese Economy Reviving Global Competitiveness, eds. by Yutaka Kosai and Tsutomu Miyagawa
• 作者: Yosuke Takeda;Yasuhide Yajima.
• 通讯作者: Yasuhide Yajima.

Industrial Spillover of Productivities through R&D and Intermediate Materials : A Case of Road

通过 R 实现生产力的工业溢出

• 发表时间: 2007
• 期刊: Chapter 8 in Structural Changes and Business Cycle in Japan, eds. by Asako Kasumi and Tsutomu Miyagawa
• 作者: Yosuke Takeda;Yasuyuki Komaki.
• 通讯作者: Yasuyuki Komaki.

「金融市場との対話-新法下の日本銀行のケース」『日本経済ーグローバル競争力の再生』第8章

《与金融市场的对话——新法下的日本央行案例》《日本经济——重振全球竞争力》第8章

• 发表时间: 2008
• 作者: 竹田陽介;矢嶋康次
• 通讯作者: 矢嶋康次