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The Effect of Household Characteristics on Saving Behaviour and the Theory of Savings in Japan

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  • Suruga, Terukazu
  • Tachibanaki, Toshiaki

Abstract

The purpose of this paper is to estimate the household saving functions based on cross-section data which contain fruitful informations of individual observations. The paper also attempts to test various theories of saving behaviors empirically such as life-cycle saving hypothesis, or permanent income hypothesis, or several other theories. Since the data contain several useful variables which have not been used previously, particular attention is paid to the influence of those household characteristics on saving behavior.

Suggested Citation

  • Suruga, Terukazu & Tachibanaki, Toshiaki, 1991. "The Effect of Household Characteristics on Saving Behaviour and the Theory of Savings in Japan," Empirical Economics, Springer, vol. 16(3), pages 351-362.
    • Handle: RePEc:spr:empeco:v:16:y:1991:i:3:p:351-62
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    1. repec:dau:papers:123456789/12164 is not listed on IDEAS
    2. Dmitry Kulikov & Karsten Staehr, "undated". "Microeconometric analysis of household saving in Estonia: income, wealth, financial exposure," Bank of Estonia Working Papers wp2007-8, Bank of Estonia, revised 03 Feb 2015.
    3. Coulibaly, Souleymane & Diaby, Mohamed, 2013. "Solow in transition : macro and micro determinants of savings in Armenia," Policy Research Working Paper Series 6531, The World Bank.

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