Download or read book Household Consumption and Saving in Japan written by Hajime Wada and published by . This book was released on 1997 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Household Consumption in Japan Role of Income and Asset Developments written by Erkki Vihriälä and published by International Monetary Fund. This book was released on 2017-02-10 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study Japanese household consumption at a disaggregated level focusing on the role of income and asset dynamics. Stagnation of real per capita consumption is widespread acrosslabor market groups, age groups and regions. Consumption-to-income ratios have been mildly increasing due to the rising share of pensioners with significant assets. Evidence therefore suggests that assets have become more important in financing consumption. However, the short-term consumption dynamics remain quite sensitive to income growth but not to asset market movements.
Download or read book Saving and Consumption written by Kulanun Chuntapa and published by . This book was released on 2017 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is discovering how much people spend and save in both two countries of Australia and Japan by using their household consumption, household saving, and household income. The important tool that required is calculation of Marginal Propensity to Save (MPS) and Marginal Propensity to Consume (MPC). Firstly, the literature review would perform information about both of Australia and Japan in depth in recent year for how countries deal with their economics. The progression with data collection would present where were information collected from and what information are required. The information then proceeding to the methodology that described how to calculate the consumption and saving of both Australia and Japan by using MPS and MPC formulas. Moreover, the methodology would perform the calculation on forecasting their future economy by applying five articles of The One: A Simulation of CAPM Market Returns, The Time Traveler's CAPM, Macroeconomic Forces and Arbitrage Pricing Theory, Estimating Time-Varying Beta Coefficients, and A practitioner's guide to the CAPM: an empirical study. Next up, the paper would discuss about the results on how much people spend and save money. These also appear as percentages. Overall, the conclusion suggests the recommendation on what government should do in order to grow their economies, and future forecasting presents the tendency of economies in Australia and Japan.
Download or read book Japan s Household Savings Rate written by International Monetary Fund and published by International Monetary Fund. This book was released on 1987-01-01 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent decades reflects the positive influence of rapid economic growth, leading to a prolonged retirement period through the wealth and life-expectancy effects of an income change, which has initially outweighed the negative combined influence of improvements in public pension benefits and the aging of the population. It projects that the savings rate will decline substantially in coming decades as the negative influence accelerates.
Download or read book Changes in Japanese Household Income Savings and Consumption written by Masato Nakane and published by . This book was released on 2011 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Japan experienced high economic growth, its society was characterized by low inequality in income, a high saving rate and a low consumption rate. However, after Japan's transition to slow economic growth, it was said that the society lost income mobility, and the inequality among households deteriorated. In addition, the aggregate household saving rate dropped drastically. Meanwhile, consumption expanded, which gave people more options regarding their expenditure. With this background, this thesis examines the impacts of these changes-- income mobility over time, savings rate changes, and intra-household allocation--using a long run panel data set for Japan. Chapter 1 studies income mobility in Japanese society. Household income mobility at the macro level is measured by six different methods. The results show that as a whole, household income mobility became lower in the long-run. At the micro level, unconditional micro income mobility indicated that it is possible that poorer people would catch up with richer people. Finally, conditional micro income mobility also shows that there exists conditional convergence. In Chapter 2, the causes for the decrease in the aggregate household saving are analyzed. The aggregate time series analysis reveals that the increase in the ratio of the aged population ratio partially explains the sharp decrease in the household saving rate. By using household level panel data, it was found that savings driven by the motive of home ownership could partly account for this decrease in the saving rate. The increasing burden of education expenditure is among the strongest candidates for explaining the change. Finally, some weak indirect evidence in support of the target saving hypothesis is found. In Chapter 3, the characteristics of intra-household allocation are discussed. Using the Slutsky symmetry test, the unitary model could not be rejected for the consumption behavior of one-person households. Meanwhile, the tests for SR1, distribution factor proportionality and linearity indicated that the collective model might explain the consumption behavior of two-person households. Finally, the hypothesis that three-person households could be represented by the collective model for two-person households could not be rejected.
Download or read book Understanding Saving written by Fumio Hayashi and published by MIT Press. This book was released on 1997 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of consumption and saving decisions by households has always been one of the most active areas of research in economics--and with good reason. Private consumption is the most important component of aggregate demand in a capitalist economy, and explaining consumption is the key element in most macroeconomic forecasting models. To evaluate the effect of government policies invariably requires the knowledge of how they change parameters relevant for household decision making. Understanding Saving collects eleven papers by economist Fumio Hayashi, along with two previously unpublished chapters, for a total of thirteen chapters. The monograph, which brings together Hayashi's empirical research on saving, is divided into three sections. Part I, "Liquidity Constraints", contains five studies that test the well-known implication of the Life Cycle-Permanent Income hypothesis that households shield consumption from income fluctuations. Part II, "Risk-Sharing and Altruism", contains three papers that examine the interactions between related and unrelated households predicted by the hypothesis for the US and Japanese households. The three papers in Part III, "Japanese Saving Behavior", present the author's explanation of the high saving rate in postwar Japan.
Download or read book Saving in Postwar Japan written by Tuvia Blumenthal and published by BRILL. This book was released on 2020-10-26 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes the rates and determinants of savings in postwar Japan.
Download or read book Personal Savings and Consumption in Postwar Japan written by Toshiyuki Mizoguchi and published by . This book was released on 1970 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic research study of personal savings and consumption behaviour of families in post-war Japan - covers the theoretics of consumption functions, the standard of living, trends, the influence of position in the occupational structure on family budgets, etc., and includes an international comparison of saving and consumption ratios. Diagrams and references.
Download or read book Why is Japan s Household Saving Rate So High written by Charles Horioka and published by . This book was released on 1990 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumption and Saving in Postwar Japan written by Charles Horioka and published by . This book was released on 1989 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Demographic Changes on Consumption and Savings written by and published by . This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rebalancing in Japan written by Kiichi Tokuoka and published by International Monetary Fund. This book was released on 2010-12-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Boosting growth through rebalancing is critical for addressing pressures from Japan’s aging population. This paper focuses on one important untapped source of growth - private consumption, and argues that the key to reviving consumption is boosting household disposable income through higher wages, especially in services, and higher property income. The paper also suggests that the impact of higher property income on consumption could be potentially large.
Download or read book Savings Behaviour of Japanese Households written by Atsushi Maki and published by . This book was released on 1990 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Capital Gains on Household Consumption and Saving in Japan written by Charles Horioka and published by . This book was released on 1992 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Determinants of Japan s Saving Rate written by Charles Horioka and published by . This book was released on 1989 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Alternative Estimates of Japanese Saving and Comparisons with the U S written by Robert Dekle and published by . This book was released on 1991 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Developments in Japanese Economics written by Ryūzō Satō and published by . This book was released on 1989 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developments in Japanese Economics.
