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households, focusing on the dramatic change of the household savings behavior since 1998, from high to low savings. Existing … connected to monetary policy. It finds that monetary policy has had a significant impact on Japan's household behavior via three …This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese …
Persistent link: https://www.econbiz.de/10011992802
Persistent link: https://www.econbiz.de/10011699292
This paper analyzes the impact of monetary policy on household saving in Japan between 1993 and 2017. Using annual data … from the Japan Panel Survey of Consumers it is shown that monetary expansion has contributed to a widening gap in … it. The paper documents how inequality in terms of the ability to build up wealth has increased in Japan over the past …
Persistent link: https://www.econbiz.de/10012587831
households, focusing on the dramatic change of the household savings rate since 1998, from high to low savings. The literature … monetary policy had a significant impact on Japan's household behavior via the interest rate channel and the redistribution …This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese …
Persistent link: https://www.econbiz.de/10012485326
families in Japan, and the distribution of wealth within Japanese cohorts by household composition. The central point of …This paper is a critique of the literature on transfer wealth accumulation in Japan during the postwar period. The … evidence (contrary to popular belief) of a relationship between household composition and the wealth …
Persistent link: https://www.econbiz.de/10014190039
Persistent link: https://www.econbiz.de/10013171079
households, focusing on the dramatic change of the household savings rate since 1998, from high to low savings. The literature … monetary policy had a significant impact on Japan’s household behavior via the interest rate channel and the redistribution …This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese …
Persistent link: https://www.econbiz.de/10013239569
Both young and old consumers appear to dissave too little for their behaviour to be consistent with a strict life cycle model. We concentrate on young households and document their behaviour drawing from Italian and Japanese data. We also provide a theoretical set-up which can account for the...
Persistent link: https://www.econbiz.de/10013249367
Persistent link: https://www.econbiz.de/10013188509