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Fumihiko Suga Last modified date:2024.04.17

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


Graduate School


Homepage
https://kyushu-u.elsevierpure.com/en/persons/fumihiko-suga
 Reseacher Profiling Tool Kyushu University Pure
Academic Degree
Ph.D. in Economics
Country of degree conferring institution (Overseas)
Yes Doctor
Field of Specialization
Economics
Total Priod of education and research career in the foreign country
00years00months
Outline Activities
My research interests include labor economics and applied micro-econometrics. Especially, I am specialized in empirical research using micro-data on households and individuals.
Research
Research Interests
  • Research on income inequality in Japan for the 1990s and 2000s
    keyword : income inequality
    2016.12.
  • Impact of Real Asset Price Bubble on Household Resource Allocation and Utility over the Lifecycle
    keyword : Housing, Life cycle, Credit constraints
    2018.04~2021.03.
  • Estimation of the effect of postgraduate education in Japan
    keyword : Postgraduate education, wage function, instrumental variable, local average treatment effect
    2016.06~2019.12.
Academic Activities
Papers
1. Takeshi Niizeki, Fumihiko Suga, The Impact of the Rise and Collapse of Japan’s Housing Price Bubble on Households’ Lifetime Utility, Journal of the Japanese and International Economies, https://doi.org/10.1016/j.jjie.2021.101136, 2021.04.
2. Fumihiko Suga, The Returns to Postgraduate Education in Japan, The Japanese Economic Review, https://doi.org/10.1007/s42973-019-00014-x, 1-26, 2020.10, The number of graduate students in Japan has increased substantially over the past few decades. Figure 1, which presents the number of students enrolled in master's programs in private and public universities, illustrates this trend: graduate enrollment followed a steady upward trend from the 1970s until the first decade of the 21st century, although this trend has declined to a certain extent in recent years (reflecting overall population trends)..
3. 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, https://doi.org/10.1111/jere.12107, 67, 4, 474-494, 2016.12.
Presentations
1. 菅 史彦, Impact of Real Asset Price Bubble on Household Resource Allocation and Utility over a Lifecycle, The Econometric Society 2019 Asia Meeting, 2019.06, This study estimates the impact of the dramatic changes in housing prices during Japan’s bubble from the late 1980s to the 1990s on households’ asset accumulation and utility over their life cycle. We construct a life-cycle model explaining households’ consumption/saving and housing decisions under collateral and borrowing constraints. We estimate this model using data from the Family Income and Expenditure Survey (FIES), which includes data on households’ housing wealth estimated from objective information. Using the estimated model, we then conduct a counterfactual simulation in which we assume that housing prices remained constant during the bubble period. Doing so allows us to quantify the gains/losses of lifetime utility due to the housing price boom and bust. We find that 72.2% of the households experienced an average decrease in lifetime utility equivalent to 5.7% of lifetime income. On average, Japan’s housing price boom and bust caused a loss in lifetime utility equivalent to 4.7% of lifetime income. Moreover, we compare the impact of the housing price bubble across cohorts and find that the impact was greatest for those who experienced the bubble at ages 35–45..
2. 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