Cross-sectional Facts in Japan using Keio Household Panel Survey

We investigate economic inequalities of Japanese economy from 2004 to 2012 us- ing the Keio household panel survey. We present cross-sectional dispersion earnings, consumption expenditure, and wealth inequalities from time-series and life cycle dimensions. Wage and hours inequalities, which are calculated from the earnings of male and female, full-time and part-time workers and correlations are provided. We also show that the residual inequalities, which are usually interpreted as idiosyncratic income risks that households face, rise over the life cycle.

• MPRA Paper, No. 49813, 2013.