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¾ÜºÙ | À¯¼£¤Î·ÐºÑʬÀÏ¥»¥ß¥Ê¡¼ ¡ÚÊó¹ð¼Ô¡Û¡¡ÁýÅĽ¡¿Í»á¡ÊÆüËܶä¹Ô¡Ë ¡Ú¥¿¥¤¥È¥ë¡ÛEconomic Crisis and Household Behavior: Micro Data Evidence in Japan ¡Ú³µ¡¡Í×¡Û Japan has experienced economic crisis on 1997 and 1998. In such a rare event, household¡Çs income is likely to decrease and some households feel the ¡Èunemployment fear.¡É The question is how different the household states are without the effect of economic crisis. To answer this question, we use the poverty measure. Using micro data, the structural probit method suggests that there is a negative simultaneous relationship between income and unemployment fear. Then, we can get the different incomes under different regimes divided by unemployment fear. We calculate the poverty with these incomes. Our conclusion is that unemployment fear, i.e. economic crisis affects the poverty of households. |
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