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THE DISSAVING OF THE AGED REVISITED: THE CASE OF JAPAN

執筆者 Charles Yuji Horioka
発行年月 2007年 2月
No. 2007-02
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内容紹介

In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of this paper, all previous studies as well as the newly available data I analyze find that the retired aged dissave and that even the working aged dissave at very advanced ages. These findings are consistent with the life cycle model and suggest that this model is highly applicable in the case of Japan.