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Intergenerational Developments in Household Saving Behaviour
Vink, Mark - 2014
that identify the influence of age and birth year on household saving rates. Consistent with the life-cycle hypothesis, the … differences in the average saving rates of households from different birth cohorts. From the baby boomers onward, the average …
Persistent link: https://www.econbiz.de/10012115690
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Intergenerational developments in household saving behaviour
Vink, Mark - 2014
Persistent link: https://www.econbiz.de/10011341476
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Intergenerational developments in household saving behaviour
Vink, Mark - In: New Zealand economic papers 50 (2016) 1, pp. 3-28
Persistent link: https://www.econbiz.de/10011508679
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The Effect of Public Pension Eligibility Age on Household Saving: Evidence from a New Zealand Natural Experiment
Talosaga, Talosaga; Vink, Mark - 2014
-in-difference regression analysis to compare the last cohorts to receive New Zealand Superannuation at the age of 60 years old with the first …This paper examines the effect of the last increase in the eligibility age for New Zealand's public pension, New … Zealand Superannuation, on household saving rates. The age of eligibility was increased progressively from 60 to 65 years old …
Persistent link: https://www.econbiz.de/10012115688
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IS imbalances and current account surpluses in Japan : in memory of Professor Ronald I. McKinnon
Horioka, Charles - 2015
In this paper, I find (1) that Japan showed massive and persistent current account surpluses from at least 1981 and until at least 2011, (2) that Professor Ronald McKinnon was correct, at least in the case of Japan, and that these large and persistent current account surpluses were due primarily...
Persistent link: https://www.econbiz.de/10011311745
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Are the Japanese unique? : evidence from household saving and bequest behavior
Horioka, Charles - 2016
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced 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,...
Persistent link: https://www.econbiz.de/10011478422
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Saving on a rainy day, borrowing for a rainy day
Alan, Sule; Crossley, Thomas F.; Low, Hamish - 2012
age groups. We then study life-cycle models in which recessions involve one or more of: (i) an aggregate permanent …
Persistent link: https://www.econbiz.de/10009530241
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Saving on a rainy day, borrowing for a rainy day
Alan, Sule; Crossley, Thomas F.; Low, Hamish - 2012
age groups. We then study life-cycle models in which recessions involve one or more of: (i) an aggregate permanent …
Persistent link: https://www.econbiz.de/10009537319
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The Wealth Decumulation Behavior of the Retired Elderly in Japan : The Relative Importance of Precautionary Saving and Bequest Motives
Niimi, Yoko - 2018
This paper analyzes the determinants of the wealth decumulation behavior of the retired elderly in Japan using unique information from two household surveys, and by so doing, attempts to assess the relative importance of precautionary saving and bequest motives in explaining the lower than...
Persistent link: https://www.econbiz.de/10012909332
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Are the Japanese Unique? Evidence from Household Saving and Bequest Behavior
Horioka, Charles Yuji - 2016
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced 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,...
Persistent link: https://www.econbiz.de/10012990042