Miyakoshi, Tatsuyoshi; Okubo, Masakatsu - Graduate School of Economics, Osaka University - 2007
This paper measures the welfare cost of the Japanese economy in a elost decadef from 1990 to 2002, by using panels of different consumer groups. This paper finds that the costs for consumers in the lower and middle income quintiles and in urban districts are much higher, while it is a benefit...