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Are Americans more Altruistic than the Japanese Comparison of Saving and Bequest Motives

Author

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  • Horioka, C.Y.
  • Fujisaki, H.
  • Watanabe, W.
  • Kouno, T.

Abstract

In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the "Comparative Survey of Savings in Japan and the United States", a binational survey conducted in 1996 by the Institute for Posts and Telecommunications Policy of the Ministry of Posts and Telecommunications of the Government of Japan, in order to shed light on which model of household behavior applies in the two countries.

Suggested Citation

  • Horioka, C.Y. & Fujisaki, H. & Watanabe, W. & Kouno, T., 2000. "Are Americans more Altruistic than the Japanese Comparison of Saving and Bequest Motives," ISER Discussion Paper 0487, Institute of Social and Economic Research, Osaka University.
  • Handle: RePEc:dpr:wpaper:0487
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    File URL: http://www.iser.osaka-u.ac.jp/library/dp/1999/dp0487.pdf
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    Citations

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    Cited by:

    1. Mauro Baranzini, 2005. "Modigliani's life-cycle theory of savings fifty years later," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 109-172.
    2. John Laitner & Daniel Silverman & Dmitriy Stolyarov, 2014. "Annuitized Wealth and Post-Retirement Saving," NBER Working Papers 20547, National Bureau of Economic Research, Inc.
    3. Charles Yuji Horioka, 2016. "Are the Japanese Unique? Evidence from Household Saving and Bequest Behavior," ISER Discussion Paper 0973, Institute of Social and Economic Research, Osaka University.
    4. Charles Yuji Horioka & Emin Gahramanov & Aziz Hayat & Xueli Tang, 2016. "Why Do Children Take Care of Their Elderly Parents? Are the Japanese Any Different?," ISER Discussion Paper 0970, Institute of Social and Economic Research, Osaka University.
    5. Mauro Baranzini, 2005. "Modigliani's life-cycle theory of savings fifty years later," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 58(233-234), pages 109-172.
    6. Ramon L. Clarete & Ernesto M. Pernia & Ammielou Gaduena & Adrian Mendoza, 2014. "The Role of Science, Technology and Research in Economic Development," UP School of Economics Discussion Papers 201407, University of the Philippines School of Economics.
    7. Charles Yuji Horioka, 2014. "Why Do People Leave Bequests? For Love or Self-Interest? Evidence from a New International Survey of Bequest Plans," UP School of Economics Discussion Papers 201406, University of the Philippines School of Economics.

    More about this item

    Keywords

    HOUSEHOLD ; SAVINGS ; CONSUMPTION;

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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