Population Aging and Consumption Inequality in Japan
This paper analyzes how consumption inequality within a fixed cohort grows with age using Japanese household microdata. Following the method developed by A. Deaton and C. Paxson (1994), the authors obtain the following results: first, consumption inequality starts to increase at the age of forty; second, younger generations face a more unequal distribution from the beginning of their life-cycle; and third, half of the rapid increase in the economywide consumption inequality during the 1980s was caused by population aging, while one-third was due to the increasing cohort effect. The paper compares the above results with those of Deaton and Paxson. Copyright 1998 by The International Association for Research in Income and Wealth.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 44 (1998)
Issue (Month): 3 (September)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=0034-6586|
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0034-6586|