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Younger Households Saving: Evidence From Japan and Italy / Albert Ando, Luigi Guiso, Daniele Terlizzese, Daniel Dorsainvil.
- Format:
- Book
- Author/Creator:
- Ando, Albert.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w3871.
- NBER working paper series no. w3871
- Language:
- English
- Subjects (All):
- Saving and investment.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Younger Households Saving
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1991.
- Cambridge, Mass. : National Bureau of Economic Research, 1991.
- Summary:
- Both young and old consumers appear to dissave too little for their behaviour to be consistent with a strict life cycle model. We concentrate on young households and document their behaviour drawing from Italian and Japanese data. We also provide a theoretical set-up which can account for the observed fact without relying on assumptions about the working of credit markets or the degree of foresight of consumers.
- Notes:
- Print version record
- October 1991.
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