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time - total returns to the largest, but oft ignored, component of household wealth, housing. The annual data on total …
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on the target for precautionary wealth but not on precautionary wealth. 2. The positive influence of income uncertainty …Using unique survey data which includes information on precautionary wealth and its target, we analyze the … precautionary saving behavior of Japanese households. Our findings are: 1. Measures for income uncertainty have a positive influence …
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