Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
The retirement consumption puzzle in Japan
Abstract In this paper, I examine, using Japanese cross-section data, whether “the retirement consumption puzzle” exists, and if so, why. My results show that both the anticipated consumption during retirement of working households and the actual consumption during retirement of retired households are much lower than the actual consumption before retirement of working households. I find that the anticipated decline in consumption after retirement is due primarily to the anticipated decline in family size after retirement, but that it might also be due partly to other factors. These results suggest that consumption does indeed decline after retirement, but that this decline is largely due to factors that are consistent with the life cycle hypothesis.
The retirement consumption puzzle in Japan
Abstract In this paper, I examine, using Japanese cross-section data, whether “the retirement consumption puzzle” exists, and if so, why. My results show that both the anticipated consumption during retirement of working households and the actual consumption during retirement of retired households are much lower than the actual consumption before retirement of working households. I find that the anticipated decline in consumption after retirement is due primarily to the anticipated decline in family size after retirement, but that it might also be due partly to other factors. These results suggest that consumption does indeed decline after retirement, but that this decline is largely due to factors that are consistent with the life cycle hypothesis.
The retirement consumption puzzle in Japan
Wakabayashi, Midori (Autor:in)
2006
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
RVK:
ELIB39
/
ELIB45
Lokalklassifikation FBW:
oek 2608
BKL:
74.80
Demographie
/
83.31$jWirtschaftswachstum
/
74.80$jDemographie$XGeographie
/
83.31
Wirtschaftswachstum
The retirement consumption puzzle in Japan
| Online Contents | 2006
Durable consumption, saving and retirement
| Online Contents | 2013
Durable consumption, saving and retirement
| Online Contents | 2013
TADAO ANDO - Corporate retirement home in Awaji (Japan)
Online Contents | 2000