literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … the age structure of the population on the saving rate, the saving behavior of retired households, saving motives, the …

estimate a structural model of life-cycle consumption and credit use in which credit cards can be used for payments …

In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some … survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of …

version of the selfish life-cycle model and then survey the literature on household saving and bequest behavior in Japan in …

degree of insurance. This, in turn, contributes to persistent racial differentials in life-cycle consumption.Starting from … the same position in the consumption distribution Blacks end up in a lower percentile than Whites after a few decades …. This is particularly marked for those Blacks who start at the top of the consumption distribution, where Whites are much …

With 20 years of PSID data, we document persistent racial differentials in life-cycle consumption dynamics. Starting … from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income … the Whites to prevent them from falling in the lower part of the consumption distribution. …

changes in disposable income around the country's financial crisis in 2008, to plot the life-cycle path of consumption and … income for different education groups and to estimate the level of consumption smoothing. We split households into three … educated engage in more consumption smoothing than those without a university degree. We also construct a measure for marginal …

-cycle model - long-run consumption smoothing and short-run insurance against income shocks - can be addressed quite well by saving …We analyse life-cycle saving decisions when households use simple heuristics, or rules of thumb, rather than solve the … underlying intertemporal optimization problem. We simulate life-cycle saving decisions using three simple rules and compute …

information from two household surveys, and by so doing, attempts to assess the relative importance of precautionary saving and … analyses of these two datasets show that precautionary saving plays a relatively important role in explaining the lower than … expected wealth decumulation rate of the retired elderly, at least in the case of Japan, even though both precautionary saving …

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … saving. Thus, the Wealth Decumulation Puzzle (the tendency of the retired elderly to decumulate their wealth more slowly than … Financial Crisis. Moreover, our regression analysis of the determinants of the wealth accumulation and saving behavior of the …