In this paper, I conduct an analysis of consumption and saving behavior in Japan, looking both at trends over time and …

In this paper, I summarize Albert Ando's seminal and ingenious work on the saving behavior of the elderly in Japan and … that the retired elderly in Japan dissave, in accordance with the life cycle hypothesis of saving, and that all of the … available data and evidence suggest that the life cycle hypothesis of saving is highly applicable in the case of Japan …

The collective approach to household behavior relaxes the restrictive features of the unitary model by specifying … household welfare as a weighted combination of the individuals' utilities. But the weights are assumed fixed or exogenous to the … determined and simultaneously estimated with the household outcomes. The authors present Nepalese evidence that suggests that a …

This empirical research analyzes the determinants of Colombian household revenues and expenditures. Using a life cycle … model with data from the national household survey 1994-1995, the paper shows how the behavior of household income is mainly … determined principally by income and secondly by the social characteristics of the household and by the expenditure of other …

included in the scenarios of possible changes of the household's situation in the future. These scenarios cover all permissible …