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Rise and Fall of The Japanese Saving Rate : The Role of Social Security and Intra-Family Transfers
Oleh:
Cigno, Alessandro
;
Rosati, Furio Camillio
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 9 no. 1 (1997)
,
page 81-92.
Topik:
security
;
saving rate
;
social security
;
intra - family transfers
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.7
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Alternative models of household saving behaviour are tested using Japanese post - war time series data. Basic life - cycle theory and models based on some form of intergenerational altruism are rejected in favour of an extended life - cycle model based on the assumption of strategic self - interest. The early rise and subsequent fall of the saving rate is explained by the interaction of state, capital market and extended family as providers of old - age social security.
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