Why the saving rate has been falling in Japan
The paper estimates Japan's household saving rate function for the 1958−1998 period. We find that the contribution of the increase in net financial assets to the fall of the saving rate varies directly with the amount of assets. This has overwhelmed other factors and has caused the saving rate to fall since 1976.
|Date of creation:||Jan 2009|
|Publication status:||Published in Doshisha University World Wide Business Review 10.2(2009): pp. 56-65|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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