Narrow search
Showing 1 - 10 of 79
Cover Image
Parental altruism and inter vivos transfers : theory and evidence
Altonji, Joseph G.; Hayashi, Fumio; Kotlikoff, Laurence J. - 1995
Persistent link: https://www.econbiz.de/10000923621
Cover Image
Parental altruism and inter vivos transfers : theory and evidence
Altonji, Joseph G. - 1995
Persistent link: https://www.econbiz.de/10000931308
Cover Image
Parental Altruism and Inter Vivos Transfers : Theory and Evidence
Altonji, Joseph G. - 1995
This paper uses PSID data on the extended family to test whether inter vivos transfers from parents to children are motivated by altruism. Specifically, the paper tests whether an increase by one dollar in the income of parents actively making transfers to a child coupled with a one dollar...
Persistent link: https://www.econbiz.de/10012473489
Cover Image
Parental Altruism and Inter Vivos Transfers : Theory and Evidence
Altonji, Joseph G.; Hayashi, Fumio; Kotlikoff, Laurence J. - 2008
This paper uses PSID data on the extended family to test whether inter vivos transfers from parents to children are motivated by altruism. Specifically, the paper tests whether an increase by one dollar in the income of parents actively making transfers to a child coupled with a one-dollar...
Persistent link: https://www.econbiz.de/10014065670
Cover Image
Parental Altruism and Inter Vivos Transfers : Theory and Evidence
Altonji, Joseph G.; Hayashi, Fumio; Kotlikoff, Laurence J. - 2021
This paper uses PSID data on the extended family to test whether inter vivos transfers from parents to children are motivated by altruism. Specifically, the paper tests whether an increase by one dollar in the income of parents actively making transfers to a child coupled with a one dollar...
Persistent link: https://www.econbiz.de/10013240529
Cover Image
The relationship of firm growth and Q with multiple capital goods: theory and evidence from panel data on Japanese firms
Hayashi, Fumio; Inoue, Tohru - Federal Reserve Bank of Minneapolis - 1989
We develop a Q model of investment with multiple capital goods that delivers a one-to-one relation between the growth rate of the capital aggregate and the stock market-based Q. We estimate the growth-Q relation using a panel of over six hundred Japanese manufacturing firms taking into account...
Persistent link: https://www.econbiz.de/10005498962
Cover Image
Data Appendix to The 1990s in Japan: A Lost Decade
Hayashi, Fumio; Prescott, Edward C. - Society for Economic Dynamics - SED - 2002
Detailed macroeconomic data to accompany the article in the Review of Economic Dynamics
Persistent link: https://www.econbiz.de/10005048002
Cover Image
The 1990s in Japan: A Lost Decade
Hayashi, Fumio; Prescott, Edward C. - In: Review of Economic Dynamics 5 (2002) 1, pp. 206-235
This paper examines the Japanese economy in the 1990s, a decade of economic stagnation. We find that the problem is not a breakdown of the financial system, as corporations large and small were able to find financing for investments. There is no evidence of profitabkle investment opportunities...
Persistent link: https://www.econbiz.de/10005069713
Cover Image
Is Japan's saving rate high?
Hayashi, Fumio - In: Quarterly Review (1989) Spr, pp. 3-9
There are two major differences between Japan and the United States in the way saving is calculated in their national … rates of the two countries. Since 1970 Japan's national saving rate has been declining to the stationary U.S. rate. This … trend, however, has been reversed in recent years. In contrast, Japan's wealth-to-income ratio (excluding land), after …
Persistent link: https://www.econbiz.de/10005707905
Cover Image
Ex-day behavior of Japanese stock prices: new insights from new methodology
Hayashi, Fumio; Jagannathan, Ravi - Federal Reserve Bank of Minneapolis - 1990
We study the ex-dividend day behavior of Japanese stock prices for the period 1983–87. We find that, contrary to previous findings, prices of ex-day stocks drop by nearly the full amount of the dividend. However, ex-day stocks shows an abnormal return. Also, for the many ex-dividend day stocks...
Persistent link: https://www.econbiz.de/10005712945