Cross-sectional Facts in Japan using Keio Household Panel Survey

Yamada, Tomoaki (2013): Cross-sectional Facts in Japan using Keio Household Panel Survey.

Abstract

We investigate economic inequalities of Japanese economy from 2004 to 2012 using the Keio household panel survey. We present cross-sectional dispersion earnings, consumption expenditure, and wealth inequalities from time-series and life cycle dimensions. Wage and hours inequalities, which are calculated from the earnings of male and female, full-time and part-time workers and correlations are provided. We also show that the residual inequalities, which are usually interpreted as idiosyncratic income risks that households face, rise over the life cycle.

• Item Type: MPRA Paper
• Language: English
• Keywords: Economic inequality; Wage; Hours worked; Consumption; Wealth
• Subjects: D - Microeconomics > D1 - Household Behavior and Family Economics > D12 - Consumer Economics: Empirical Analysis; D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E21 - Consumption ; Saving ; Wealth

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