Michio Naoi

Keio University

Associate Professor

2-15-45 Mita

Minato-ku, Tokyo 108-8345

Japan

http://https://sites.google.com/site/michionaoi/

SCHOLARLY PAPERS

5

DOWNLOADS

192

SSRN CITATIONS

0

CROSSREF CITATIONS

2

Scholarly Papers (5)

Residential Mobility Decisions in Japan: Effects of Housing Equity Constraints and Income Shocks Under the Recourse Loan System

Number of pages: 28 Posted: 20 Aug 2010
Miki Seko, Kazuto Sumita and Michio Naoi
Keio University - Faculty of Economics, Kanazawa Seiryo University and Keio University
Downloads 59 (446,787)
Citation 2

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Residential Mobility, Housing Equity Constraint, Conditional Fixed Effects Logit Model, Loan-to-Value Ratio, Debt-To-Income Ratio, Negative Equity, Japan, Recourse Loan

Residential Mobility Decisions in Japan: Effects of Housing Equity Constraints and Income Shocks Under the Recourse Loan System

Journal of Real Estate Finance and Economics, Vol. 45, No. 1, 2012
Posted: 27 Jun 2012
Miki Seko, Kazuto Sumita and Michio Naoi
Keio University - Faculty of Economics, Kanazawa Seiryo University and Keio University

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Residential mobility, Housing equity constraint, Conditional fixed effects logit model, Loan-to-value ratio, Debt-to-income ratio, Negative equity, Japan, Recourse loan

2.

Reference-Dependent Preferences and Homeowners' Consumption Responses to Wealth Shocks

Number of pages: 24 Posted: 10 Jun 2012 Last Revised: 12 Jun 2012
Michio Naoi
Keio University
Downloads 56 (451,428)

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Consumption, Housing Wealth, Reference-Dependent Preferences

3.

Income Risk and Mortgage Choice Among Japanese Households

Number of pages: 27 Posted: 04 Feb 2013 Last Revised: 28 Feb 2017
Keio University, Kanagawa University - Faculty of Economics and Nihon University - College of Economics
Downloads 44 (500,156)
Citation 2

Abstract:

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mortgage choice, income risk, risk aversion

4.

Changes in Public Risk Perception after a Large Disaster: Evidence from the Housing Market

Number of pages: 25 Posted: 21 Oct 2019
Shohei Yasuda, Michio Naoi and Norifumi Yukutake
Keio University, Keio University and Nihon University - College of Economics
Downloads 33 (554,066)

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hedonic analysis, earthquake risk, risk perception, housing market

5.

Community Rating, Cross Subsidies and Underinsurance: Why So Many Households in Japan Do Not Purchase Earthquake Insurance

Journal of Real Estate Finance and Economics, Vol. 40, No. 4, 2010
Posted: 26 Feb 2010
Michio Naoi, Miki Seko and Kazuto Sumita
Keio University, Keio University - Faculty of Economics and Kanazawa Seiryo University

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Earthquake insurance, Cross-subsidization, Risk, Japan