literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the … not the selfish life-cycle model applies in the case of Japan. In particular, we survey the literature on the impact of …

We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tightening of …