literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the … not the selfish life-cycle model applies in the case of Japan. In particular, we survey the literature on the impact of …

) countries and also broken down by the age group of the household head. We find that pre-retirement households (households with a … head in the 50-59 age group) in Japan do not have inordinate amounts of debt and that their financial health is … they could previously. We therefore need to monitor the borrowing behavior of this cohort over time as the Bank of Japan …

population aging over the period 2000–14. While there is little doubt that household savings have decreased, the true trend … of risky assets in household portfolios increases with age and barely decreases even for retired households. The main … sources of increasing household wealth are the increasing wealth of the elderly and the increasing proportion of the wealthier …

We study, both empirically and quantitatively, the role of savings and the labor supply in self-insurance channels over … social security benefits for the period 1995-2009. We find that both savings and the labor supply are quantitatively … adjustment to savings and labor supply have significant macroeconomic implications. Applying the model to China, we find that the …