Showing 1 - 10 of 19
This paper presents a brief exposition of three theoretical models of household behavior and shows that these models have very different implications for bequest motives and bequest division, surveys previous empirical studies on bequest motives and bequest division, presents unique survey data...
Persistent link: https://www.econbiz.de/10010348289
To help shed light on the implications of intergenerational transfers for wealth inequality, this paper examines … widening of wealth disparities. However, such a tendency is found to be stronger among less better-off households in both … countries, and this may help alleviate the disequalizing effect of intergenerational transfers on the distribution of wealth, at …
Persistent link: https://www.econbiz.de/10012455993
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 survey,...
Persistent link: https://www.econbiz.de/10012456420
desirability of stimulative fiscal policies, public pensions, and inheritance taxes …
Persistent link: https://www.econbiz.de/10012458506
ameliorate wealth inequalities …
Persistent link: https://www.econbiz.de/10012464010
In this paper, I analyze a variety of evidence for Japan and, where available, for the United States on bequest practices, on the importance and nature of bequest motives, on bequest division, on the willingness of individuals to help others, etc., in order to shed light on which model of...
Persistent link: https://www.econbiz.de/10012470139
In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the 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...
Persistent link: https://www.econbiz.de/10012471313
In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing Asia have, in general, been high and rising but that there...
Persistent link: https://www.econbiz.de/10012461076
In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a life cycle model and panel data on Chinese provinces for the 1995-2004 period from China?s household survey. We find that China?s household saving rate has been high and rising...
Persistent link: https://www.econbiz.de/10012465937
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