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In this paper, I consider why Japans household saving rate was so high in the past and why it has shown a downward trend in more recent years, and based on this analysis, I project future trends in Japans household saving rate. To preview my main findings, I find, first, that Japans household...
Persistent link: https://www.econbiz.de/10009365358
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278007
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278028
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278238
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10009363875
Have age profiles of consumption and labor income in the Philippines changed from 1994 to 2002? What are the … estimate the per capita age profiles of current consumption and labor income for the Philippines for the years 1994, 1999 and … 2002. Age profiles estimated include those for public and private consumption for three broad types, i.e. education, health …
Persistent link: https://www.econbiz.de/10009363527
The saving rate in Japan has declined rapidly. Analyzing the possible four factors that could affect the saving rate in general, compared with theoretical implications, the data suggest that all elements might have a negative impact on the saving rate during the late 90s and early 00s. Such a...
Persistent link: https://www.econbiz.de/10009363835
as perfect old age insurance. In an overlapping generations model, this leads naturally to multiple and unstable …
Persistent link: https://www.econbiz.de/10009365508
current income and perfect old-age insurance. …
Persistent link: https://www.econbiz.de/10009365528
different age groups, we argue that this is exactly what happened during the recession following the banking panic of 1997 …
Persistent link: https://www.econbiz.de/10009365481