Showing 1 - 10 of 25
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
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
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
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/10005639247
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/10005670059
Using a small country model with habit-forming consumers and costly investment, we analyze equilibrium dynamics of the economy and derive empirical and welfare implications. The model can mimic some stylized facts: (i) a temporary increase in fiscal spending always deteriorates the current...
Persistent link: https://www.econbiz.de/10005670040
Persistent link: https://www.econbiz.de/10005670058
Persistent link: https://www.econbiz.de/10005780317
We project the future trends of the japanese saving rates with special emphasis on an analysis of the consumption and … saving behavior of the household sector. Notable feature of our modeling is that savings are divided into financial and real …
Persistent link: https://www.econbiz.de/10005639220
Persistent link: https://www.econbiz.de/10005670049