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ナカニシ ハヤト
Nakanishi Hayato 中西 勇人 所属 神奈川大学 経済学部 経済学科/現代ビジネス学科 神奈川大学大学院 経済学研究科 経済学専攻(公共政策コース) 職種 准教授 |
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| 言語種別 | 英語 |
| 発行・発表の年月 | 2026/01 |
| 形態種別 | 学術雑誌 |
| 査読 | 査読あり |
| 標題 | Preference Parameter Changes: Evidence from Household Consumption and Savings |
| 執筆形態 | 共著 |
| 掲載誌名 | Empirical Economics |
| 掲載区分 | 国外 |
| 出版社・発行元 | Springer |
| 巻・号・頁 | 70 |
| 著者・共著者 | Masamune Iwasawa and Hayato Nakanishi |
| 概要 | Using panel data of actual consumption and saving, this study investigated whether the Great East Japan Earthquake in March 2011 changed household preference parameters in the life-cycle consumption model. We introduce heterogeneous preference parameters into the model and estimate parameters using the modified version of the existing measurement-error-robust approach. We find that households located in places with low risk of future earthquakes tended to become risk averse. Households located in places with high future earthquake risk or very close to a nuclear power plant became risk tolerant when they experienced an earthquake with higher seismic intensity. These findings suggest that the direction and extent of the effects is heterogeneous; this implies that further analysis based on a more classified population is necessary for a sophisticated understanding of household behavior after disasters. |
| DOI | 10.1007/s00181-025-02844-8 |