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retirement behavior of households in Japan using micro data from the Preference Parameters Study of Osaka University. Our …
Persistent link: https://www.econbiz.de/10012195343
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survey conducted in China, India, Japan, and the United States. It finds striking inter-country differences in bequest plans …
Persistent link: https://www.econbiz.de/10010354604
literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … not the selfish life-cycle model applies in the case of Japan. In particular, we survey the literature on the impact of … almost all of the available evidence suggests that the selfish life-cycle model applies to a greater extent in Japan than it …
Persistent link: https://www.econbiz.de/10012195738
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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criterion to rank them but that the retirement motive is the most important saving motive of European households if the … importance of each saving motive, with saving for the retirement motive being less important in countries with generous public … findings suggest that the retirement motive and the precautionary motive are the dominant motives for saving in Europe partly …
Persistent link: https://www.econbiz.de/10015047840
In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the Bank of Italy. We find that, on average, the retired...
Persistent link: https://www.econbiz.de/10012198628
cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of … a representative agent is divided into three distinct phases: pre-treatment, post-treatment, and retirement. Solutions … for consumption/savings, labor supply/leisure, and retirement timing are then obtained by solving the model as a salvage …
Persistent link: https://www.econbiz.de/10013235104
cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of … a representative agent is divided into three distinct phases: pre-treatment, post-treatment, and retirement. Solutions … for consumption/savings, labor supply/leisure, and retirement timing are then obtained by solving the model as a salvage …
Persistent link: https://www.econbiz.de/10012495695