Author: Charles HoriokaPublisher:
ISBN:
Category :
Languages : en
Pages : 48
Book Description
The Determinants of Japan's Saving Rate
Author: Charles HoriokaUnderstanding Saving
Author: Fumio HayashiPublisher: MIT Press
ISBN: 9780262082556
Category : Business & Economics
Languages : en
Pages : 532
Book Description
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 Understanding Saving collects eleven papers by economist Fumio Hayashi, along with two previously unpublished chapters, for a total of thirteen chapters.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.
NBER Macroeconomics Annual 1986
Author: Understanding Japanese Savings
Author: Robert DeklePublisher: Routledge
ISBN: 1134793146
Category : Business & Economics
Languages : en
Pages : 100
Book Description
Chapter the Japanese elderly -- chapter and fundamentals -- chapter aging on future saving, investment, and budget deficits -- chapter immigration in impacting saving, investment, and foreign capital in?ows -- chapter and consumption behavior -- chapter developing countries.
The Determinants of National Saving and Wealth
Author: Richard HemmingPublisher: Springer
ISBN: 1349170283
Category : Business & Economics
Languages : en
Pages : 433
Book Description
National Saving
Author: IMF Staff Papers
Author: International Monetary Fund. Research Dept.Publisher: International Monetary Fund
ISBN: 1451956029
Category : Business & Economics
Languages : en
Pages : 229
Book Description
This paper discusses effects of inflation on economic development. A mild inflation may well encourage little, or no, evasion of the “inflation tax.” On the other hand, a strong inflation, and frequently a mild one also, will lead to community reactions which have effects like those of widespread tax evasion. A development policy may have wider aims than the encouragement of a high level of investment. Inflation has two effects on the desire for liquidity, which are related to the two basic reasons why individuals and businesses wish to hold liquid assets—the speculative and precautionary motives. Inflation increases the value of effective liquidity, thereby raising the community's desire for it, but it makes the most generally accepted store of liquidity unacceptable sources of protection. The control of inflation is only one of the problems facing a government wishing to encourage rapid economic development. The fight against illiteracy, the reform of bureaucratic practices, the building of basic sanitary facilities for the eradication of endemic diseases, the substitution of competitive for monopolistic trade practices, the encouragement of a widespread spirit of entrepreneurship, and the creation of an adequate amount of social capital, may be important prerequisites for rapid growth.
National Saving and Economic Performance
Author: B. Douglas BernheimPublisher: University of Chicago Press
ISBN: 9780226044040
Category : Business & Economics
Languages : en
Pages : 408
Book Description
"... Papers presented at a conference held at the Stouffer Wailea Hotel, Maui, Hawaii, January 6-7, 1989. ... part of the Research on Taxation program of the National Bureau of Economic Research." -- p. ix.
Reconcilable Differences?
Author: C. Fred BergstenPublisher: Peterson Institute for International Economics
ISBN: 9780881321296
Category : Business & Economics
Languages : en
Pages : 294
Book Description
Public Policies and Household Saving
Author: James M. PoterbaPublisher: University of Chicago Press
ISBN: 0226676293
Category : Business & Economics
Languages : en
Pages : 216
Book Description
The declining U.S. national saving rate has prompted economists and policymakers to ask, should the federal government encourage household saving, and if so, through which policies? In order to better understand saving programs, this volume provides a systematic and detailed description of saving policies in the G-7 industrialized nations: the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom. Each of the seven chapters focuses on one country and addresses a core set of topics: types of accumulated household savings and debt; tax policies toward capital income; saving in the form of public and private pensions, including Social Security and similar programs; saving programs that receive special tax treatment; and saving through insurance. This detailed summary of the saving incentives of the G-7 nations will be an invaluable reference for policymakers and academics interested in personal saving behavior.