Yamada, Tomoaki; Kitao, Sagiri; Imrohoroglu, Selahattin - Society for Economic Dynamics - SED - 2013
In this paper we build a micro-data based, large-scale overlapping generations model for Japan in which individuals differ in age, gender, employment status, income, and asset holdings, and incorporate the Japanese pension rules in detail. We estimate age-consumption and age-earnings profiles...