IDEAS home Printed from https://ideas.repec.org/p/eti/rdpsjp/15001.html
   My bibliography  Save this paper

Decline in Consumption Expenditures after Retirement Using Japanese Micro Data (JSTAR) (Japanese)

Author

Listed:
  • KUREISHI Wataru
  • YIN Ting

Abstract

This paper investigates whether or not (i) the decline in consumption after retirement is only from "work related expenses" and "food consumption," and (ii) even though food spending at home and that outside the home decline after retirement, actual food intake remains constant, as Hurst (2008) pointed out, using Japanese micro data. The data we use in our analysis are from the Japanese Study of Aging and Retirement (JSTAR), a panel survey of elderly people aged 50 or older conducted by the Research Institute of Economy, Trade and Industry, Hitotsubashi University, and the University of Tokyo. Our estimation results show that the retirement of the household head decreases expenditure for food outside the home by about 17%, while there is no impact on expenditures for food at home and living expenses. Furthermore, we find that the retirement increases the time spent during weekdays on housework, shopping for necessities, and caring for children and grandchildren by about 25%.

Suggested Citation

  • KUREISHI Wataru & YIN Ting, 2015. "Decline in Consumption Expenditures after Retirement Using Japanese Micro Data (JSTAR) (Japanese)," Discussion Papers (Japanese) 15001, Research Institute of Economy, Trade and Industry (RIETI).
    • Handle: RePEc:eti:rdpsjp:15001
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/dp/15j001.pdf
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:rdpsjp:15001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: TANIMOTO, Toko (email available below). General contact details of provider: https://edirc.repec.org/data/rietijp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.