What Project?

This is one of the Scientific Researches of Priority Areas, financially supported by the Grants from the Ministry of Education, Science and Culture, Japan.

Main Theme

Setting Options for Fair Distribution of Well-being among Different Generations

Director General

Noriyuki Takayama, Full Professor of Economics, Institute of Economic Research, Hitotsubashi University

Abstract of the Research Project

This project makes both theoretical and empirical analyses of the distribution of well-beings among different generations from the politico-economic point of view. It addresses such global issues of increasing social concerns as global warming, population aging/declining, sustainable economic development, and transition to the market economy. It clarifies current and future intergenerational situations of economic well-beings, examines cohort-by-cohort motivations to mitigate intergenerational conflicts, deepens conceptual understanding of intergenerational equity, and provides a new analytical framework for seeking for fair distribution of well-beings among different generations. It proposes policy options to specific problems concerned, including political reforms for smoother coordination of activities affecting well-beings of overlapping generations.

Term of the Project

October 2000 - March 2005