Sudo, Nao; Suzuki, Michio; Yamadai, Tomoaki - Center for Advanced Research in Finance, Faculty of … - 2012
This paper explores the development of inequalities in income, consumption, and wealth among Japanese households from the 1980s to the 2000s, a period that spans the bursting of Japan’s bubble economy (1991Q1) and the banking crisis (1997Q4). We find that inequality of income and...