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The Wealth Decumulation Behavior of the Retired Elderly in Japan : The Relative Importance of Precautionary Saving and Bequest Motives
Niimi, Yoko - 2018
This paper analyzes the determinants of the wealth decumulation behavior of the retired elderly in Japan using unique … bequest motives in explaining the lower than expected rates of wealth decumulation of the retired elderly. Taken together, our … expected wealth decumulation rate of the retired elderly, at least in the case of Japan, even though both precautionary saving …
Persistent link: https://www.econbiz.de/10012909332
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Why do people leave bequests? : for love or self-interest?
Horioka, Charles Yuji - 2014
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
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Are Americans More Altruistic than the Japanese? A U.S.-Japan Comparison of Saving and Bequest Motives
Horioka, Charles Yuji - 2000
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
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The Impact of Bequest Motives on Retirement Behavior in Japan : A Theoretical and Empirical Analysis
Horioka, Charles Yuji - 2020
parents by children may be very sensitive to the inheritance tax framework …
Persistent link: https://www.econbiz.de/10012844433
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Do Bequests Increase or Decrease Wealth Inequalities?
Horioka, Charles Yuji - 2010
ameliorate wealth inequalities …
Persistent link: https://www.econbiz.de/10012758015
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Are Americans and Indians More Altruistic than the Japanese and Chinese? Evidence from a New International Survey of Bequest Plans
Horioka, Charles Yuji - 2014
desirability of stimulative fiscal policies, public pensions, and inheritance taxes …
Persistent link: https://www.econbiz.de/10013053473
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Are Americans and Indians More Altruistic than the Japanese and Chinese? Evidence from a New International Survey of Bequest Plans
Horioka, Charles Yuji - 2014
desirability of stimulative fiscal policies, public pensions, and inheritance taxes …
Persistent link: https://www.econbiz.de/10013053597
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Are the Japanese Unique? Evidence from Household Saving and Bequest Behavior
Horioka, Charles Yuji - 2016
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...
Persistent link: https://www.econbiz.de/10012990042
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Why Do Children Take Care of Their Elderly Parents? are the Japanese Any Different?
Horioka, Charles Yuji - 2016
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
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Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?
Horioka, Charles Yuji - 2016
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/10012992676