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This paper analyzes the determinants of the wealth decumulation behavior of the retired elderly in Japan using unique … expected wealth decumulation rate of the retired elderly, at least in the case of Japan, even though both precautionary saving … burden of parental care may also affect the wealth decumulation behavior of the retired elderly in Japan. Given that parental …
Persistent link: https://www.econbiz.de/10012013653
Japan and the United States to examine whether individuals who receive intergenerational transfers from their parents are … children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth …
Persistent link: https://www.econbiz.de/10011688678
We conduct a theoretical and empirical analysis of why children live with (or near) their parents and provide care and assistance to them using microdata from a Japanese household survey, the Osaka University Preference Parameter Study. We find that the Japanese are more likely to live with (or...
Persistent link: https://www.econbiz.de/10011688762
Die Weltwirtschaft hat im dritten Quartal einen erheblichen Teil der in der ersten Jahreshälfte aufgrund der Covid-19-Pandemie erlittenen Rückgänge im Produktionsniveau wieder aufgeholt. Derzeit wird die Erholung durch eine weitere Infektionswelle und Maßnahmen zu ihrer Eindämmung zwar...
Persistent link: https://www.econbiz.de/10012428545
In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the year amid the covid-19 pandemic. Currently, the recovery is being slowed down by another wave of infections and policy measures to contain it, but on aggregate...
Persistent link: https://www.econbiz.de/10012428547
head in the 50-59 age group) in Japan do not have inordinate amounts of debt and that their financial health is … they could previously. We therefore need to monitor the borrowing behavior of this cohort over time as the Bank of Japan …
Persistent link: https://www.econbiz.de/10012430021
retirement behavior of households in Japan using micro data from the Preference Parameters Study of Osaka University. Our …
Persistent link: https://www.econbiz.de/10012430026
literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … not the selfish life-cycle model applies in the case of Japan. In particular, we survey the literature on the impact of … almost all of the available evidence suggests that the selfish life-cycle model applies to a greater extent in Japan than it …
Persistent link: https://www.econbiz.de/10012430036
theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said … version of the selfish life-cycle model and then survey the literature on household saving and bequest behavior in Japan in …-cycle model applies to at least some extent in all countries but that there is more consistent support for this model in Japan …
Persistent link: https://www.econbiz.de/10012543994
Die Erholung der deutschen Wirtschaft wird abermals ausgebremst. Das Infektionsgeschehen im Winterhalbjahr hemmt wie in früheren Wellen besonders die Aktivität in den kontaktintensiven Dienstleistungsbranchen. Im Ergebnis wird es zu einem Rückschlag bei den privaten Konsumausgaben kommen und...
Persistent link: https://www.econbiz.de/10012817082