Showing 1 - 10 of 160
In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the …
Persistent link: https://www.econbiz.de/10008458117
In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the …
Persistent link: https://www.econbiz.de/10005486460
This paper estimates the contribution of net saving for each of twelve motives to overall household saving in Japan … using micro data from Japanese Government survey and finds that the net saving for the retirement and precautionary motives …, both of which are consistent with the life-cycle model, are of dominant importance. It also finds that the saving motives …
Persistent link: https://www.econbiz.de/10008602832
In this paper, we conduct a U.S.- Japan comparison of the importance of retirement saving and of the determinants … thereof using micro data from the "U.S.- Japan Comparison Survey of Saving," a binational household survey conducted in 1996 …
Persistent link: https://www.econbiz.de/10008602911
In this paper, we analyse the saving behavior of the aged in Japan using household-level data from a 1992 survey …
Persistent link: https://www.econbiz.de/10008602982
empirical studies at micro level are based on Euler equation, there have been few to estimate the household consumption function … household consumption function. We fail to find evidence to support forward looking behavior over long horizon. …
Persistent link: https://www.econbiz.de/10004968448
We analyze the life cycle consumption choice model for multiple goods, focusing on the distinction between durables and … good, the optimal consumption plan is not myopic. Instead, it depends on past as well as on (expected) future prices. The … consumption of perishables ceases to be myopic as well. The solutions show that durables play an important part in intertemporal …
Persistent link: https://www.econbiz.de/10005001492
In this paper, we analyse the saving behavior of the aged in Japan using household-level data from a 1992 survey …
Persistent link: https://www.econbiz.de/10005780359
This paper develops a model of luxury goods by incorporating weakly non-separable, recursive preferences. In a two-good framework, a quasi-luxury is de ned as a good whose marginal rate of substitution is increasing in wealth. Under certain conditions, it is identical to a luxury good. Consumers...
Persistent link: https://www.econbiz.de/10008466547
In this paper, we conduct a U.S.- Japan comparison of the importance of retirement saving and of the determinants … thereof using micro data from the "U.S.- Japan Comparison Survey of Saving," a binational household survey conducted in 1996 …
Persistent link: https://www.econbiz.de/10005486486