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. -- Saving ; dissaving ; consumption ; aged ; elderly …

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 …’s household savings rate. Our simulation analysis demonstrated that if the proportion of liquidity-constrained households in the …