trends over time in, Japan's household saving rate via various socioeconomic and policy variables. This seems to suggest that … by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that … Japan's household saving rate showed great volatility, was often low and even negative, and was high only during the 25-year …

; saving ; coordination ; learning, general equilibrium ; pecuniary externality ; annuities puzzle ; bequests ; mortality risk …