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In this paper, I summarize Albert Ando's seminal and ingenious work on the saving behavior of the elderly in Japan and … that the retired elderly in Japan dissave, in accordance with the life cycle hypothesis of saving, and that all of the … available data and evidence suggest that the life cycle hypothesis of saving is highly applicable in the case of Japan. …
Persistent link: https://www.econbiz.de/10010332193
This paper investigates empirically why Japan's household savings rate fell in the 1990s. We constructed an economic … the proportion of liquidity-constrained households increased sharply in the late 1990s, which led to a decline in Japan …
Persistent link: https://www.econbiz.de/10010332236
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the … impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan …'s population can explain the level of, and past and future trends in, its household saving rate; second, the rapid aging of Japan …
Persistent link: https://www.econbiz.de/10010332306
In this paper, I conduct an analysis of consumption and saving behavior in Japan, looking both at trends over time and …
Persistent link: https://www.econbiz.de/10010332312
Japan, we find that private consumption has been relatively stagnant during the 2002-07 period and that the stagnation of …
Persistent link: https://www.econbiz.de/10010332369
Using unique survey data which includes information on precautionary wealth and its target, we analyze the precautionary saving behavior of Japanese households. Our findings are: 1. Measures for income uncertainty have a positive influence on the target for precautionary wealth but not on...
Persistent link: https://www.econbiz.de/10010332380
social contexts: Japan, the United States, and China. This research uncovered three major findings. First, the speed of … lessens people's levels of anxiety about their older years in Japan and the United States. Third, living with a child does not …
Persistent link: https://www.econbiz.de/10010332383
In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some … survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of … that this model is highly applicable in the case of Japan. …
Persistent link: https://www.econbiz.de/10010332389
In this paper, we present data on trends over time in government debt financing in Japan since 2010 with emphasis on … saving) caused by population aging, will make it necessary for Japan to get its fiscal house in order. Thus, Japan's massive …
Persistent link: https://www.econbiz.de/10010332404
This paper presents data on Japan's household saving rate, considers the reasons for Japan's high household saving rate … in the past and the reasons for the recent decline therein, projects future trends in Japan's household saving rate, and … consider the implications of my findings. It finds that Japan's high household saving rate was a temporary phenomenon and that …
Persistent link: https://www.econbiz.de/10010332425