Understanding Japanese Savings
Abstract
Japan's savings are among the highest in the world, and these high rates have played a valuable role throughout the post-war period. However, over the next several decades, Japan's population will be ageing rapidly. Will this lower Japanese savings rates? Using up-to-date financial and demographical data, author Robert Dekle finds that the answer to this question is an emphatic 'yes'. Understanding Japanese Saving holds key lessons for Western nations undergoing similar demographic transformations as well as developing countries looking to establish public savings institutions.
Keywords
support; ratio; investment; rates; governments; intertemporal; budget; constraint; real; interestDOI
10.4324/9780203645291ISBN
9780415129763;9781138810662;9781134793143;9781134793136;9781134793099OCN
1135850770Publisher
Taylor & FrancisPublisher website
https://taylorandfrancis.com/Publication date and place
2005Series
Routledge Studies in the Growth Economies of Asia,Classification
Economics
Business and Management