Showing 1 - 10 of 19
In this paper, we conduct a theoretical analysis of why individuals provide care and attention to their elderly parents using a two-period overlapping generations model with endogenous saving and a “contest success function” and test this model using micro data from a Japanese household...
Persistent link: https://www.econbiz.de/10012991694
In this paper, we present data on trends over time in government debt financing in Japan since 2010 with emphasis on … debt. Thus, Japan's massive government debt has not resulted in high economic costs in the past because of robust domestic …
Persistent link: https://www.econbiz.de/10013073516
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/10012776344
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/10012776458
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/10012779827
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/10012758015
their children (whether elderly parents live with their children, and if so, with which child) in Japan using micro data …
Persistent link: https://www.econbiz.de/10012760574
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/10012761273
In this paper, I analyze the causes of the prolonged slowdown of the Japanese economy in the 1990s and find that the stagnation of investment, especially private fixed investment, was the primary culprit. I then investigate the causes of the stagnation of household consumption during the 1990s...
Persistent link: https://www.econbiz.de/10012761584
the Eurozone economies, the US, and developing Asia showing relatively weak home bias and advanced Asia, especially Japan … capital has been flowing from the US and the Eurozone economies to both advanced Asia (especially Japan) and developing Asia … reasons. The main reason in the case of advanced Asia (especially Japan) appears to be higher risk-adjusted returns, whereas …
Persistent link: https://www.econbiz.de/10013011459