Effects of Demographic Change on the Expenditure Composition in Japanese Economy Nov 30, 2014· Nao Sudo , Michio Suzuki Tomoaki Yamada · 1 min read Work in progress. Last updated on Nov 30, 2014 Consumption Life Cycle Population NSFIE FIES Authors Tomoaki Yamada Professor of Economics ← Effects of Monetary Policy Shocks on Inequality in Japan Jul 7, 2017 Response of Inequality to a Growth Rate Slowdown in Japanese Economy during the Lost Decades May 27, 2014 →