Financing consumption in an aging Japan: The role of foreign capital inflows and immigration
Author
Abstract
(This abstract was borrowed from another version of this item.)
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Robert Dekle, 2004. "Financing Consumption in an Aging Japan: The Role of Foreign Capital Inflows in Immigration," NBER Working Papers 10781, National Bureau of Economic Research, Inc.
References listed on IDEAS
- repec:dpr:wpaper:0189 is not listed on IDEAS
- Fumio Hayashi, 1986. "Why Is Japan's Saving Rate So Apparently High?," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 147-234, National Bureau of Economic Research, Inc.
- Robert J. Barro, 2013.
"Inflation and Economic Growth,"
Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 121-144, May.
- Robert J. Barro, 1995. "Inflation and Economic Growth," NBER Working Papers 5326, National Bureau of Economic Research, Inc.
- Robert J. Barro, 2012. "Inflation and Economic Growth," CEMA Working Papers 568, China Economics and Management Academy, Central University of Finance and Economics.
- Charles Yuji Horioka, 2002.
"Are the Japanese Selfish, Altruistic or Dynastic?,"
The Japanese Economic Review, Japanese Economic Association, vol. 53(1), pages 26-54, March.
- Charles Yuji Horioka, 2001. "Are the Japanese Selfish, Altruistic, or Dynastic?," CIRJE F-Series CIRJE-F-134, CIRJE, Faculty of Economics, University of Tokyo.
- Charles Yuji Horioka, 2001. "Are the Japanese Selfish, Altruistic, or Dynastic?," ISER Discussion Paper 0556, Institute of Social and Economic Research, The University of Osaka.
- Charles Yuji Horioka, 2001. "Are the Japanese Selfish, Altruistic, or Dynastic?," NBER Working Papers 8577, National Bureau of Economic Research, Inc.
- Paul R. Masson & Ralph W. Tryon, 2019.
"Macroeconomic Effects of Projected Population Aging in Industrial Countries,"
World Scientific Book Chapters, in: Macroeconomic Modelling and Monetary and Exchange Rate Regimes, chapter 2, pages 17-56,
World Scientific Publishing Co. Pte. Ltd..
- Paul R. Masson & Ralph W. Tryon, 1990. "Macroeconomic Effects of Projected Population Aging in Industrial Countries," IMF Staff Papers, Palgrave Macmillan, vol. 37(3), pages 453-485, September.
- Mr. Paul R Masson & Mr. Ralph W. Tryon, 1990. "Macroeconomic Effects of Prelected Population Aging in Industrial Countries," IMF Working Papers 1990/005, International Monetary Fund.
- repec:dpr:wpaper:0308 is not listed on IDEAS
- Maurice Obstfeld & Kenneth S. Rogoff, 1996. "Foundations of International Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262150476, December.
- Fumio Hayashi, 1989. "Is Japan's saving rate high?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 13(Spr), pages 3-9.
- Charles Yuji Horioka, 1995. "Is Japan'S Household Saving Rate Really High?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 41(4), pages 373-397, December.
- Hurd, Michael D. & Yashiro, Naohiro (ed.), 1997. "The Economic Effects of Aging in the United States and Japan," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226361000, December.
- Horioka, Charles Yuji, 1990.
"Why is Japan's household saving rate so high? A literature survey,"
Journal of the Japanese and International Economies, Elsevier, vol. 4(1), pages 49-92, March.
- Yuji Horioka, Charles, 1988. "Why is Japan's Household Saving Rate So High? A Literature Survey," CEPR Publications 244421, Stanford University, Center for Economic Policy Research.
- Barro, Robert J, 1979.
"On the Determination of the Public Debt,"
Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 940-971, October.
- Barro, Robert J., 1979. "On the Determination of the Public Debt," Scholarly Articles 3451400, Harvard University Department of Economics.
- Blomstrom, Magnus & Corbett, Jennifer & Hayashi, Fumio & Kashyap, Anil (ed.), 2003. "Structural Impediments to Growth in Japan," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226060217, December.
- Takero Doi & Takeo Hoshi, 2003.
"Paying for the FILP,"
NBER Chapters, in: Structural Impediments to Growth in Japan, pages 37-70,
National Bureau of Economic Research, Inc.
- Takero Doi & Takeo Hoshi, 2002. "Paying for the FILP," NBER Working Papers 9385, National Bureau of Economic Research, Inc.
- Magnus Blomström & Jennifer Corbett & Fumio Hayashi & Anil Kashyap, 2003. "Structural Impediments to Growth in Japan," NBER Books, National Bureau of Economic Research, Inc, number blom03-1, October.
- Sheetal K. Chand & Mr. Albert Jaeger, 1996. "Aging Populations and Public Pension Schemes," IMF Occasional Papers 1996/013, International Monetary Fund.
- Horioka, Charles Yuji, 1992. "Future trends in Japan's saving rate and the implications thereof for Japan's external imbalance," Japan and the World Economy, Elsevier, vol. 3(4), pages 307-330, April.
- Alan J. Auerbach & Laurence J. Kotlikoff & Robert Hagemann & Giuseppe Nicoletti, 1989. "The Dynamics of an Aging Population: The Case of Four OECD Countries," NBER Working Papers 2797, National Bureau of Economic Research, Inc.
- Ishi, Hiromitsu, 2000. "Making Fiscal Policy in Japan: Economic Effects and Institutional Settings," OUP Catalogue, Oxford University Press, number 9780199240715, Decembrie.
- Robert Dekle & Lawrence Summers, 1991.
"Japan's High Saving Rate Reaffirmed,"
Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 9(2), pages 63-78, September.
- Robert Dekle & Lawrence H. Summers, 1991. "Japan's High Saving Rate Reaffirmed," NBER Working Papers 3690, National Bureau of Economic Research, Inc.
- Yukinobu Kitamura & Noriyuki Takayama, 1999. "Lessons from Generational Accounting in Japan," American Economic Review, American Economic Association, vol. 89(2), pages 171-175, May.
- repec:bla:revinw:v:41:y:1995:i:4:p:373-97 is not listed on IDEAS
- David Miles & Ales Cerny, 2004. "Alternative pension reform strategies for Japan," Chapters, in: Toshiaki Tachibanaki (ed.), The Economics of Social Security in Japan, chapter 4, Edward Elgar Publishing.
- Richard H. Clarida, 1993. "International Capital Mobility, Public Investment and Economic Growth," NBER Working Papers 4506, National Bureau of Economic Research, Inc.
- David M. Cutler & James M. Poterba & Louise M. Sheiner & Lawrence H. Summers, 1990.
"An Aging Society: Opportunity or Challenge?,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 21(1), pages 1-74.
- Cutler, D.M. & Poterba, J.M. & Sheiner, L.M. & Summers, L.H., 1990. "An Aging Society: Opportunity Or Challenge," Working papers 553, Massachusetts Institute of Technology (MIT), Department of Economics.
- Mr. Tim Callen & Warwick J. McKibbin & Nicoletta Batini, 2006. "The Global Impact of Demographic Change," IMF Working Papers 2006/009, International Monetary Fund.
- Noriyuki Takayama & Yukinobu Kitamura & Hiroshi Yoshida, 1999. "Generational Accounting in Japan," NBER Chapters, in: Generational Accounting around the World, pages 447-470, National Bureau of Economic Research, Inc.
- International Monetary Fund, 2000. "Japan: Selected Issues," IMF Staff Country Reports 2000/144, International Monetary Fund.
- repec:fth:harver:1490 is not listed on IDEAS
- Hiroko Ishii & Erika Wada, 1998. "Local Government Spending: Solving the Mystery of Japanese Fiscal Packages," Working Paper Series WP98-5, Peterson Institute for International Economics.
- Hayashi, Fumio, 1982.
"Tobin's Marginal q and Average q: A Neoclassical Interpretation,"
Econometrica, Econometric Society, vol. 50(1), pages 213-224, January.
- Fumio Hayashi, 1981. "Tobin's Marginal q and Average a : A Neoclassical Interpretation," Discussion Papers 457, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- repec:dpr:wpaper:0248 is not listed on IDEAS
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Shimasawa, Manabu & Oguro, Kazumasa, 2010.
"Impact of immigration on the Japanese economy: A multi-country simulation model,"
Journal of the Japanese and International Economies, Elsevier, vol. 24(4), pages 586-602, December.
- SHIMASAWA Manabu & Kazumasa OGURO, 2009. "The Impact of Immigration on the Japanese Economy: A multi-country simulation model," Discussion papers 09020, Research Institute of Economy, Trade and Industry (RIETI).
- Scott C. Bradford & Kerk L. Phillips, 2021.
"Dynamic effects of changes to Japanese immigration policy,"
Pacific Economic Review, Wiley Blackwell, vol. 26(1), pages 3-22, February.
- Ryne Belliston & Scott Bradford & Kerk L. Phillips, 2014. "The Dynamic Effects of Changes to Japanese Immigration Policy," BYU Macroeconomics and Computational Laboratory Working Paper Series 2014-02, Brigham Young University, Department of Economics, BYU Macroeconomics and Computational Laboratory.
- Kim, Soyoung & Lee, Jong-Wha, 2008. "Demographic changes, saving, and current account: An analysis based on a panel VAR model," Japan and the World Economy, Elsevier, vol. 20(2), pages 236-256, March.
- Okamoto, Akira, 2021. "Immigration policy and demographic dynamics: Welfare analysis of an aging Japan," Journal of the Japanese and International Economies, Elsevier, vol. 62(C).
- Yamamura, Eiji, 2011. "Frequency of contact with foreigners in a homogeneous society: perceived consequences of foreigner increases," MPRA Paper 33852, University Library of Munich, Germany.
- Antonio Golini & Anna Di Bartolomeo, 2009. "The impact of a massive migration flow on the regional population structure: The case of Italy," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 7(1), pages 149-165.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Faruqee, Hamid & Muhleisen, Martin, 2003.
"Population aging in Japan: demographic shock and fiscal sustainability,"
Japan and the World Economy, Elsevier, vol. 15(2), pages 185-210, April.
- Mr. Martin Mühleisen & Mr. Hamid Faruqee, 2001. "Population Aging in Japan: Demographic Shock and Fiscal Sustainability," IMF Working Papers 2001/040, International Monetary Fund.
- Robert Dekle, 2003.
"The Deteriorating Fiscal Situation and an Aging Population,"
NBER Chapters, in: Structural Impediments to Growth in Japan, pages 71-88,
National Bureau of Economic Research, Inc.
- Robert Dekle, 2002. "The Deteriorating Fiscal Situation and an Aging Population," NBER Working Papers 9367, National Bureau of Economic Research, Inc.
- Charles Yuji Horioka, 2007. "A Survey of Household Saving Behavior in Japan," ISER Discussion Paper 0684, Institute of Social and Economic Research, The University of Osaka.
- Axel Börsch‐Supan & Alexander Ludwig & Joachim Winter, 2006.
"Ageing, Pension Reform and Capital Flows: A Multi‐Country Simulation Model,"
Economica, London School of Economics and Political Science, vol. 73(292), pages 625-658, November.
- Börsch-Supan, Axel & Ludwig, Alexander & Winter, Joachim, 2001. "Aging, pension reform, and capital flows: a multi-country simulation model," Papers 01-08, Sonderforschungsbreich 504.
- Axel Boersch-Supan & Alexander Ludwig & Joachim Winter, 2005. "Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model," NBER Working Papers 11850, National Bureau of Economic Research, Inc.
- Axel Boersch-Supan & Alexander Ludwig, 2005. "Aging, pension reform, and capital flows: A multi-country simulation model," Computing in Economics and Finance 2005 123, Society for Computational Economics.
- Ludwig, Alexander & Winter, Joachim & Börsch-Supan, Axel, 2003. "Aging, pension reform, and capital flows: A multi-country simulation model," MEA discussion paper series 03028, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Börsch-Supan, Axel & Ludwig, Alexander & Winter, Joachim, 2001. "Aging, pension reform, and capital flows: A multi-country simulation model," Sonderforschungsbereich 504 Publications 01-08, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Axel Börsch-Supan & Alexander Ludwig & Joachim Winter, 2002. "Aging, pension reform and capital flows: a multi-country simulation model," Computing in Economics and Finance 2002 108, Society for Computational Economics.
- Börsch-Supan, Axel & Ludwig, Alexander & Winter, Joachim, 2004. "Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model," MEA discussion paper series 04064, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Selahattin Imrohoroglu & Ayse Imrohoroglu & Kaiji Chen, 2006.
"The Japanese Saving Rate,"
American Economic Review, American Economic Association, vol. 96(5), pages 1850-1858, December.
- Kaiji Chen & Ayse Imrohoroglu & Selo Imrohoroglu, 2005. "Japanese Saving Rate," Macroeconomics 0502017, University Library of Munich, Germany.
- Selo Imrohoroglu & Kaiji Chen & Ayse Imrohoroglu, 2005. "Japanese Saving Rate," 2005 Meeting Papers 747, Society for Economic Dynamics.
- Barry P. Bosworth & Gary Burtless, 1997. "Social Security reform in a global context," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue jun, pages 243-274.
- Charles Yuji HORIOKA & Wataru SUZUKI & Tatsuo HATTA, 2007.
"Aging, Savings, and Public Pensions in Japan,"
Asian Economic Policy Review, Japan Center for Economic Research, vol. 2(2), pages 303-319, December.
- Charles Yuji Horioka & Wataru Suzuki & Tatsuo Hatta, 2007. "Aging, Saving, and Public Pensions in Japan," NBER Working Papers 13273, National Bureau of Economic Research, Inc.
- Charles Yuji Horioka & Wataru Suzuki & Tatsuo Hatta, 2007. "Aging, Saving, and Public Pensions in Japan," ISER Discussion Paper 0692, Institute of Social and Economic Research, The University of Osaka.
- Charles Yuji Horioka, 2021.
"Is the selfish life-cycle model more applicable in Japan and, if so, why? A literature survey,"
Review of Economics of the Household, Springer, vol. 19(1), pages 157-187, March.
- Charles Yuji Horioka, 2020. "Is the Selfish Life-Cycle Model More Applicable in Japan and, If So, Why? A Literature Survey," ISER Discussion Paper 1102, Institute of Social and Economic Research, The University of Osaka.
- Horioka, Charles Yuji, 2020. "Is the Selfish Life-Cycle Model More Applicable in Japan and, If So, Why? A Literature Survey," AGI Working Paper Series 2020-18, Asian Growth Research Institute.
- Charles Yuji Horioka, 2020. "Is the Selfish Life-Cycle Model More Applicable in Japan and, If So, Why? A Literature Survey," NBER Working Papers 27869, National Bureau of Economic Research, Inc.
- Charles Yuji Horioka, 2020. "Is the Selfish Life-Cycle Model More Applicable in Japan and, If So, Why? A Literature Survey," Discussion Paper Series DP2020-28, Research Institute for Economics & Business Administration, Kobe University.
- F. Gerard Adams & Byron Gangnes, 2000. "Will Japan's Current Account Turn to Deficit?," Working Papers 200010, University of Hawaii at Manoa, Department of Economics.
- Mr. Hamid Faruqee, 2002. "Population Aging and its Macroeconomic Implications: A Framework for Analysis," IMF Working Papers 2002/016, International Monetary Fund.
- David W. Campbell, 1999. "Explaining Japan's Saving Rate," Macroeconomics 9902004, University Library of Munich, Germany.
- Charles Yuji Horioka, 2008.
"The Flow of Household Funds in Japan,"
Public Policy Review, Policy Research Institute, Ministry of Finance Japan, vol. 4(1), pages 37-52, December.
- Charles Yuji Horioka, 2008. "The Flow of Household Funds in Japan," Microeconomics Working Papers 22599, East Asian Bureau of Economic Research.
- Creedy, John & Guest, Ross, 2008.
"Population ageing and intertemporal consumption: Representative agent versus social planner,"
Economic Modelling, Elsevier, vol. 25(3), pages 485-498, May.
- John Creedy & Ross Guest, 2006. "Population Ageing And Intertemporal Consumption: Representative Agent Versus Social Planner," Department of Economics - Working Papers Series 972, The University of Melbourne.
- Francisco Buera & Benjamin Moll & Yongseok Shin, 2013.
"Well-Intended Policies,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(1), pages 216-230, January.
- Yongseok Shin & Benjamin Moll & Francisco J. Buera, 2011. "Well-Intended Policies," 2011 Meeting Papers 1244, Society for Economic Dynamics.
- Nobuhiro Kiyotaki & Kenneth D. West, 2006.
"Land Prices and Business Fixed Investment in Japan,"
Chapters, in: Lawrence R. Klein (ed.), Long-run Growth and Short-run Stabilization, chapter 12,
Edward Elgar Publishing.
- Nobuhiro Kiyotaki & Kenneth D. West, 2004. "Land Prices and Business Fixed Investments in Japan," NBER Working Papers 10909, National Bureau of Economic Research, Inc.
- Horioka, Charles Yuji, 2020.
"Does the Selfish Life-Cycle Model Apply in the Case of Japan?,"
AGI Working Paper Series
2020-04, Asian Growth Research Institute.
- Charles Yuji Horioka, 2020. "Does the Selfish Life-Cycle Model Apply in the Case of Japan?," ISER Discussion Paper 1084, Institute of Social and Economic Research, The University of Osaka.
- Charles Yuji Horioka, 2020. "Does the Selfish Life-Cycle Model Apply in the Case of Japan?," Discussion Paper Series DP2020-14, Research Institute for Economics & Business Administration, Kobe University.
- Imbs, Jean & Rancière, Romain, 2005.
"The Overhang Hangover,"
CEPR Discussion Papers
5210, C.E.P.R. Discussion Papers.
- Imbs, Jean & Ranciere, Romain, 2006. "The Overhang Hangover," CEPREMAP Working Papers (Docweb) 0604, CEPREMAP.
- Jean Imbs & Romain Rancière, 2015. "The Overhang Hangover," Working Papers 219, Barcelona School of Economics.
- Jean Imbs & Romain Rancière, 2005. "The overhang hangover," Economics Working Papers 878, Department of Economics and Business, Universitat Pompeu Fabra.
- Imbs, Jean & Ranciere, Romain, 2005. "The overhang hangover," Policy Research Working Paper Series 3673, The World Bank.
- Jean Imbs & Romain Rancière, 2006. "The Overhang Hangover," Swiss Finance Institute Research Paper Series 06-03, Swiss Finance Institute.
- Kitamura, Yukinobu & Takayama, Noriyuki & Arita, Fumiko, 2001.
"Household savings in Japan revisited,"
Research in Economics, Elsevier, vol. 55(2), pages 135-153, June.
- Kitamura, Yukinobu & 北村, 行伸 & キタムラ, ユキノブ & Takayama, Noriyuki & 高山, 憲之 & タカヤマ, ノリユキ & Arita, Fumiko & 有田, 富美子, 2000. "Household Savings in Japan Revisited," Discussion Paper 6, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- Warwick J. McKibbin, 2006.
"The Global Macroeconomic Consequences of a Demographic Transition,"
Asian Economic Papers, MIT Press, vol. 5(1), pages 92-134, Winter.
- Warwick J. McKibbin, 2006. "The Global Macroeconomic Consequences Of A Demographic Transition," CAMA Working Papers 2006-06, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Michael Feroli, 2003. "Capital flows among the G-7 nations: a demographic perspective," Finance and Economics Discussion Series 2003-54, Board of Governors of the Federal Reserve System (U.S.).
More about this item
JEL classification:
- F2 - International Economics - - International Factor Movements and International Business
- F3 - International Economics - - International Finance
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jjieco:v:18:y:2004:i:4:p:506-527. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622903 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.