Aging and Property Prices: A Theory of Very Long Run Portfolio Choice and Its Predictions on Japanese Municipalities in the 2040s

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Aging and Property Prices: A Theory of Very Long Run Portfolio Choice and Its Predictions on Japanese Municipalities in the 2040s

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Summary, etc.：: This paper investigates the effect of aging population on property (land) prices. A theory of very long run portfolio choice is developed for a transi...

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Material Type: 文書・図像類
Title: Aging and Property Prices: A Theory of Very Long Run Portfolio Choice and Its Predictions on Japanese Municipalities in the 2040s
Author/Editor: Tamai, Yoshihiro
Shimizu, Chihiro
Nishimura, Kiyohiko G.
Author Heading: Tamai, Yoshihiro
Shimizu, Chihiro
Nishimura, Kiyohiko G.
Publication, Distribution, etc.: Institute of Economic Research, Hitotsubashi University
Publication Date: 2017-01
Publication Date (W3CDTF): 2017-01
Text Language Code: eng
Subject Heading: Aging
Asset Prices
Long Run Portfolio Choice
Constant Monetary Quantity (CMQ)
Inflation Target (IT)
Price Stability
Target Audience: 一般
Note (General): 基盤研究(S) = Grants-in-Aid for Scientific Research (S)
Format (IMT): application/pdf
Source: fulltext
https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/28274/wp065.pdf
Access Restrictions: インターネット公開
Related Material (URI): URI
http://www.ier.hit-u.ac.jp/hit-refined/
Periodical Title: HIT-REFINED Working Paper Series ; No. 65
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 一橋大学 : HERMES-IR(一橋大学機関リポジトリ) : Research & Education Resources