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Autoren: 
Horioka, Charles Yuji
Datum: 
2006
Schriftenreihe/Nr.: 
ISER Discussion Paper No. 665
Zusammenfassung: 
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 this paper, all previous studies as well as the newly available data I analyze find that the retired aged dissave and that even the working aged dissave at very advanced ages. These findings are consistent with the life cycle model and suggest that this model is highly applicable in the case of Japan.
Schlagwörter: 
saving
dissaving
consumption
aged
elderly
households
life cycle model
life cycle hypothesis
Japan
JEL: 
D12
D91
E21
Dokumentart: 
Working Paper

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