Household savings in Japan revisited |
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Institution: | 1. Danish Center for Sleep Medicine, Department of Clinical Neurophysiology, Faculty of Health Sciences, University of Copenhagen, Rigshospitalet, Copenhagen, Denmark;2. itracks, Klosterport 4E, 4, Aarhus, Denmark;3. Danish National Institute for Local and Regional Government Research, Copenhagen, Denmark |
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Abstract: | This paper investigates household saving behaviour by different cohorts with various household characteristics in Japan. Pooling the National Survey of Family Income and Expenditure in 1984, 1989 and 1994, the cohort analysis finds a substantial behavioural difference in the baby-boomer generation in Japan after 1989. As this generation is the largest demographic group, this finding provides valuable information to policy makers, especially in terms of intergenerational equity. |
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