The Dissaving of the Aged Revisited: The Case of Japan / Charles Yuji Horioka.

Format:

Book

Author/Creator:

Horioka, Charles Yuji.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w12351.

NBER working paper series no. w12351

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

The Dissaving of the Aged Revisited

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2006.

Summary:

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.

Notes:

Print version record

July 2006.