analysis of household saving rates as well as a dynamic panel analysis of the determinants of household saving rates using a … spatial Durbin model. To summarize our main findings, we find that, in China, the household saving rate shows significant … saving rate, and that the logarithm of per capita household disposable income, the regional economic growth rate, the share …

financial behavior. We find that private consumption is excessively sensitive to dividend income. Investors across wealth …

product, we compare how households’ purchasing behavior changes in response to transitory income from tax refunds. We find … that households increase the amount of toilet paper purchased by around 20% in response to a state income tax refund, but … out that households are simply increasing consumption in response to more income. Finally, households increase …

) countries and also broken down by the age group of the household head. We find that pre-retirement households (households with a …In this paper, we analyze the borrowing behavior of Japanese households in comparison to the other Group of Seven (G7 … satisfactory. However, we also find that households with a head in the 30-39 age group have shown a sharp increase in debt holdings …

, policy-makers, and scholars of retirement economics are included. …

We study whether households can distinguish persistent from transitory income shocks, and the implications for … consumption-saving behavior. We construct a novel consumption-saving model where the household must infer the persistent component … households cannot distinguish persistent from transitory income shocks. We further show that the households' degree of knowledge …

We study whether households can distinguish persistent from transitory income shocks, and the implications for … consumption-saving behavior. We construct a novel consumption-saving model where the household must infer the persistent component … households cannot distinguish persistent from transitory income shocks. We further show that the households' degree of knowledge …

expected wealth decumulation rate of the retired elderly, at least in the case of Japan, even though both precautionary saving …This paper analyzes the determinants of the wealth decumulation behavior of the retired elderly in Japan using unique … information from two household surveys, and by so doing, attempts to assess the relative importance of precautionary saving and …