文章基本信息

标题：The Saving Behaviour of Japanese Households
本地全文：下载
作者：Kenichi Kawasaki
期刊名称：Economics Department Working Papers / OECD
印刷版ISSN：0259-4633
出版年度：1990
卷号：1990
DOI：10.1787/185775871353
出版社：Organisation for Economic Co-operation and Development (OECD)
摘要：This paper surveys Japanese saving behaviour, whose rate is one of the highest among OECD countries. Macroeconomic factors such as rates of economic growth and inflation may have been important in explaining the high saving rate in the past and the more recent downward trend. Even though growth is now rather lower than in the past, there remain important structural factors which explain the high rate of saving. The most important of these relates to demographic factors. Government policies and cultural and institutional factors seem to have played a relatively less important role. In the coming years, rapid ageing of the population is likely to have an important effect on the rate of saving. The Japanese saving rate is expected to show a substantial decline beyond the year 2000 according to life-cycle model simulations. The implications of this for domestic investment and international saving/investment balances may be important ...