The primary objective of this paper is to explore the determinants of the level of, and trends over time in, Japan … trends therein. The paper finds that Japan's household saving rate has not always been high either absolutely or relative to … 25-year period from 1961 to 1986 that it exceeded 15%. Past and future trends in Japan's household saving rate can …

) countries and also broken down by the age group of the household head. We find that pre-retirement households (households with a … 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 …

care responsibilities tend to arise relatively late in life, often after retirement, in the case of Japan, our results …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 …

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 …

Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … period). These findings strongly suggest that the Wealth Decumulation (or Retirement Saving) Puzzle (the tendency of the …, inheritances, intergenerational transfers, life cycle model or hypothesis, precautionary saving, retired elderly, Retirement Saving …

retirement behavior of households in Japan using micro data from the Preference Parameters Study of Osaka University. Our …

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 …

criterion to rank them but that the retirement motive is the most important saving motive of European households if the … importance of each saving motive, with saving for the retirement motive being less important in countries with generous public … findings suggest that the retirement motive and the precautionary motive are the dominant motives for saving in Europe partly …