Wealth preferences and wealth inequality : Experimental evidence

Hanaki, Nobuyuki; Shimodaira, Yuta

Institute of Social and Economic Research Discussion Papers, 2024, 1260, 1-36

アクセス数:239件（2025-11-03 22:49 集計）

固定URL: https://hdl.handle.net/11094/98363

論文情報

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タイトル
Wealth preferences and wealth inequality : Experimental evidence
著者
NRID
1000070400611 1000070400611
ORCID
0000-0003-3127-690X 0000-0003-3127-690X
researchmap permalink
nhanaki nhanaki
Scopus Author ID
16233221700 16233221700
著者名
Hanaki, Nobuyuki
ORCID
0009-0009-0556-4108 0009-0009-0556-4108
researchmap permalink
yshimodaira yshimodaira
著者名
Shimodaira, Yuta
キーワード等
wealth preferences
experiment
consumption-saving decision
dynamic optimization
JEL分類コード (JEL)
C91
E21
E71
抄録
Some researchers claim that a preference for wealth accumulation is the main cause of the long-run stagnation of the Japanese economy. A theoretical implication of people having such a preference is the widening of wealth inequality. We experimentally test this theoretical prediction by inducing wealth preference in the laboratory. When all the participants are considered, our results provide limited support for the prediction that wealth inequality widened only in one of the four conditions we considered. However, if we focus on the participants who have followed conditionally optimal paths more closely than others, the widening wealth inequality is observed in all the conditions.
出版者
The Institute of Social and Economic Research, Osaka University
収録物名
Institute of Social and Economic Research Discussion Papers
巻(号)
1260
ページ
1-36
刊行年月
2024-10
言語
英語
ハンドルURL
https://hdl.handle.net/11094/98363
PISSN
0473453X
eISSN
24350982
関連情報 (references)
URI
https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2024/DP1260.pdf
アクセス権
metadata only access
カテゴリ
ディスカッション／ワーキング・ペーパー DP/WP
Institute of Social and Economic Research Discussion Papers