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Is the selfish life-cycle model more applicable in Japan and, if so, why? : a literature survey
Horioka, Charles - 2020
theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said … version of the selfish life-cycle model and then survey the literature on household saving and bequest behavior in Japan in …-cycle model applies to at least some extent in all countries but that there is more consistent support for this model in Japan …
Persistent link: https://www.econbiz.de/10012291218
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Why do children take care of their elderly parents? : are the Japanese any different?
Horioka, Charles; Gahramanov, Emin; Hayat, Aziz; Tang, Xueli - 2017
We conduct a theoretical and empirical analysis of why children live with (or near) their parents and provide care and assistance to them using microdata from a Japanese household survey, the Osaka University Preference Parameter Study. We find that the Japanese are more likely to live with (or...
Persistent link: https://www.econbiz.de/10011650038
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Why do children take care of their elderly parents? : are the Japanese any different?
Horioka, Charles; Gahramanov, Emin; Hayat, Aziz; Tang, Xueli - 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 survey,...
Persistent link: https://www.econbiz.de/10011458795
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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
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Accounting for wealth concentration in the US
Kaymak, Barıș; Leung, David; Poschke, Markus - 2020
The recent literature has argued for high concentration of earnings, differences in rates of return on assets and bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of earnings, capital income and net worth, we find evidence...
Persistent link: https://www.econbiz.de/10012194632
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Econometric analysis of the wealth gap between East and West Germany
Becker, Gideon - 2015 - This draft: February 22, 2015
Nearly 25 years after the German reunification, vastly different living conditions between East and West Germany still remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of individuals. Wealth provides utility in a number of...
Persistent link: https://www.econbiz.de/10011348393
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Seven economic facts about the U.S. racial wealth gap
Broady, Kristen; Booth-Bell, Darlene; Griffin, Taylor - 2022
Using data from the 2019 Survey of Consumer Finances and the U.S. Census Bureau, along with data and research from other sources, this paper presents seven economic facts about the racial wealth gap in the U.S. We present data on racial disparities in income, employment, homeownership,...
Persistent link: https://www.econbiz.de/10013279332
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Private Interhousehold Transfers : What Happens to Sender Households' Human Capital Investment?
Tamura, Yuji - 2018
I examine household resource reallocation when financial transfers are sent to other households located elsewhere. The literature has so far focused on the impact of private transfers on the recipients, but not on the senders. In order to handle the endogeneity of transfers, I use the 1997-98...
Persistent link: https://www.econbiz.de/10014168004
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Measuring and Comparing Consumption Inequality between France and the United States
Accardo, Aliocha; Herbert, Sylverie; Jude, Cristina; … - 2023
This paper constructs an annual dataset of consumption by income quintiles for France since 1989 in order to make a granular comparison of consumption inequality with the United States. First, we match consumption data from a survey run every five years with the national accounts, and then use a...
Persistent link: https://www.econbiz.de/10014258130
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How the Time of Interviews Affects Estimates of Income and Wealth
D'Alessio, Giovanni - 2015
In the Survey of Household Income and Wealth (SHIW) conducted by the Bank of Italy, the flow variables (income and consumption) refer to the year preceding the interview while the stock variables (household composition and net wealth) refer to the end of the year. However, there are some...
Persistent link: https://www.econbiz.de/10013017170