Showing 1 - 10 of 16
In this paper, I analyze a variety of evidence for Japan and, where available, for the United States on bequest … applicable in Japan than it is in the U.S., that the dynasty model is also more applicable in Japan than it is in the U.S. but … that it is not of dominant importance even in Japan, and conversely, that the altruism model is far more applicable in the …
Persistent link: https://www.econbiz.de/10012470139
Comparative Survey of Savings in Japan and the United States,' a binational survey conducted in 1996 by the Institute for Posts … and Telecommunications Policy of the Ministry of Posts and Telecommunications of the Government of Japan, in order to shed … the dominant model of household behavior in both countries but that it is far more applicable in Japan than it is in the U …
Persistent link: https://www.econbiz.de/10012471313
retirement behavior of households in Japan using micro data from the Preference Parameters Study of Osaka University. Our …
Persistent link: https://www.econbiz.de/10012479145
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/10012481173
In this paper, we conduct an empirical analysis of the impact of better judicial enforcement on the probability of being credit rationed, loan size, and the probability of bankruptcy using household-level data from the Japanese Panel Survey of Consumers, conducted by the Institute for Research...
Persistent link: https://www.econbiz.de/10012463019
This paper finds that individuals in Japan do not leave very significant bequests, that parents often require a quid …
Persistent link: https://www.econbiz.de/10012464010
Nishimura et al. (2005) analyze the entry/exit behavior of Japanese firms during the 1990s and find that relatively efficient firms exited while relatively inefficient firms survived during the banking-crisis period of 1996-97. They conclude that the natural selection mechanism (NSM) apparently...
Persistent link: https://www.econbiz.de/10012465352
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the … impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan …'s population can explain the level of, and past and future trends in, its household saving rate; second, the rapid aging of Japan …
Persistent link: https://www.econbiz.de/10012465378
In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some … survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of … that this model is highly applicable in the case of Japan …
Persistent link: https://www.econbiz.de/10012466314
importance of borrowing constraints in Japan. We find (1) that 8 to 15 percent of young married Japanese households are borrowing … does not apply in Japan and that the presence of borrowing constraints is not the main reason why it does not apply …
Persistent link: https://www.econbiz.de/10012466335