Kyushu University Academic Staff Educational and Research Activities Database
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Fumihiko Suga Last modified date:2019.06.03

Assistant Professor / Fields in Economic Analysis and Policy
Department of Economic Engineering
Faculty of Economics

Graduate School

Academic Degree
Ph.D. in Economics
Country of degree conferring institution (Overseas)
Field of Specialization
Total Priod of education and research career in the foreign country
Research Interests
  • Impact of Real Asset Price Bubble on Household Resource Allocation and Utility over the Lifecycle
    keyword : Housing, Life cycle, Credit constraints
  • Estimation of the effect of postgraduate education in Japan
    keyword : Postgraduate education, wage function, instrumental variable, local average treatment effect
Academic Activities
1. Masahiro Hori, Koichiro Iwamoto, Takeshi Niizeki, Fumihiko Suga, Do the Rich Save More in Japan? Evidence Based on two Micro Data Sets for the 2000s, Japanese Economic Review,, 67, 4, 474-494, 2016.12, Using two household surveys, this paper investigates whether the saving rates of richer households are higher than those of poorer households in Japan. We construct a number of proxies for lifetime wealth, including those original to this study, and find marginally positive correlations between saving rates and lifetime wealth for working-age households. We further find that the relationship between saving rates and lifetime wealth differs depending on the life stage of individual households. Older households with higher lifetime wealth appear to be dissaving to some extent, which is more or less consistent with the lifecycle model of consumption..
1. 菅 史彦, The Returns to Postgraduate Education in Japan, Asian and Australasian Society of Labour Economics 2018 conference, 2018.12, Using three household surveys, the Japanese Panel Survey of Consumers (JPSC), the Working Person Survey (WPS) and the Survey of Adult Skills (PIAAC), this study estimates the returns to postgraduate education in Japan, considering potential self-selection bias. To mitigate the bias, workers’ undergraduate majors, types of university and level of cognitive skills are controlled for. These factors explain 6.3 to 29.2% of the postgraduate wage premium for women but at most 10.9% for men. Even after controlling for these factors, the postgraduate wage premium remains positive and significant, ranging from 16.5 to 23.7% for men and 13.5 to 26.4% for women..
Membership in Academic Society
  • Japanese Economic Association