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Intergenerational Developments in Household Saving Behaviour

Vink, Mark - 2014

that identify the influence of age and birth year on household saving rates. Consistent with the life-cycle hypothesis, the … differences in the average saving rates of households from different birth cohorts. From the baby boomers onward, the average …

Persistent link: https://www.econbiz.de/10012115690

Household Saving Behaviour in New Zealand: A Cohort Analysis

Gibson, John K; Scobie, Grant M - 2001

HES is a series of cross-sectional surveys rather than a true panel, so we construct synthetic cohorts rather than … tracking individual households. We use a range of regression models to separate out the effect of age, birth-year cohort and … year on saving rates. The typical age profile for savings is hump-shaped, peaks around age 57 and does not become negative …

Persistent link: https://www.econbiz.de/10012115471

IS imbalances and current account surpluses in Japan: In memory of Professor Ronald I. McKinnon

Horioka, Charles Yuji - 2015

In this paper, I find (1) that Japan showed massive and persistent current account surpluses from at least 1981 and until at least 2011, (2) that Professor Ronald McKinnon was correct, at least in the case of Japan, and that these large and persistent current account surpluses were due primarily...

Persistent link: https://www.econbiz.de/10011421478

The Effect of Public Pension Eligibility Age on Household Saving: Evidence from a New Zealand Natural Experiment

Talosaga, Talosaga; Vink, Mark - 2014

-in-difference regression analysis to compare the last cohorts to receive New Zealand Superannuation at the age of 60 years old with the first …This paper examines the effect of the last increase in the eligibility age for New Zealand's public pension, New … Zealand Superannuation, on household saving rates. The age of eligibility was increased progressively from 60 to 65 years old …

Persistent link: https://www.econbiz.de/10012115688

Are the Japanese unique? Evidence from household saving and bequest behavior

Horioka, Charles Yuji - 2016

In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...

Persistent link: https://www.econbiz.de/10011564954

The rise and fall of median wealth in the U.S.: A birth-cohort story

Jäger, Philipp; Schacht, Philip - 2023

declined from cohort to cohort while wealth inequality within birth cohorts increased markedly. A synthetic saving approach …

Persistent link: https://www.econbiz.de/10014438410

Social security pension generosity and the effect on household saving

Halvorsen, Elin; Jia, Zhiyang; Kruse, Herman; Vigtel, … - 2022

57-61 for the 1954- 1956 birth cohorts, who are the first three birth cohorts affected by a reduction in future pension …

Persistent link: https://www.econbiz.de/10013480210

Income, consumption and wealth inequality in Spain

Anghel, Brindusa; Basso, Henrique; Bover, Olympia; … - In: SERIEs - Journal of the Spanish Economic Association 9 (2018) 4, pp. 351-387

This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the early stages of the current recovery. To this end, it first introduces the various dimensions of wage, income, consumption and wealth inequality, and studies how they have...

Persistent link: https://www.econbiz.de/10011994624

Does the selfish life-cycle model apply in the case of Japan?

Horioka, Charles - 2020

the age structure of the population on the saving rate, the saving behavior of retired households, saving motives, the …

Persistent link: https://www.econbiz.de/10012430036

The wealth decumulation behavior of the retired elderly in Italy: The importance of bequest motives and precautionary saving

Ventura, Luigi; Horioka, Charles - 2020

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the Bank of Italy. We find that, on average, the retired...

Persistent link: https://www.econbiz.de/10012430038