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one. Also welfare and savings effects from social insurance turn out to be sensitive to assumptions about family structure … welfare and precautionary savings. …
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savings in at least one year during 1970-92 in nearly all countries in a sample of fourteen from Asia. This was the case even …
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effect; (ii) permanent productivity shocks deteriorate the current account; and (iii) savings and investment tend to co …
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This paper estimates the contribution of net saving for each of twelve motives to overall household saving in Japan using micro data from Japanese Government survey and finds that the net saving for the retirement and precautionary motives, both of which are consistent with the life-cycle model,...
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