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イワタ シンイチロウ
Iwata Shinichiro 岩田 真一郎 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 教授 |
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| 言語種別 | 英語 |
| 発行・発表の年月 | 2020/08 |
| 形態種別 | 学術雑誌 |
| 査読 | 査読あり |
| 標題 | Housing wealth and consumption among elderly Japanese |
| 執筆形態 | 共著 |
| 掲載誌名 | Housing Studies |
| 掲載区分 | 国外 |
| 著者・共著者 | Shinichiro Iwata,Norifumi Yukutake |
| 概要 | This paper proposes an alternative channel for elderly consumption response to housing value changes by focusing on the informal financial markets. This channel may be important, particularly in a society where the elderly are less mobile and have limited access to the formal financial markets. In such a society, elderly homeowners may leave their housing assets to their children, and in exchange receive cash to fund consumption. Japanese household-level data on the elderly are used to examine this possibility. The results indeed suggest that the consumption of the elderly responds to changes in their house values through the intrafamily finance channel alone. The marginal propensity to consume out of housing wealth is only 0.01. |
| DOI | 10.1080/02673037.2020.1807470 |
| ORCIDのPut Code | 79289096 |
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