44
Views
4
CrossRef citations to date
0
Altmetric
Original Articles

Did Japanese consumers become more prudent during 1998–1999? Evidence from household-level data

&
Pages 197-209 | Published online: 22 Aug 2006

References

  • Attanasio , Orazio P. and Low , Hamish . 2000 . “ Estimating Euler equations ” . In NBER Technical Working Paper 253
  • Carroll , Christopher D. 1992 . The buffer stock theory of saving: some macroeconomic evidence . Brookings Papers on Economic Activity , : 61 – 156 .
  • Carroll , Christopher D. 1997 . Buffer stock saving and the life cycle/permanent income hypothesis . Quarterly Journal of Economics , 112 ( 1 ) : 1 – 55 .
  • Dardanoni , Valentino . 1991 . Precautionary savings under income uncertainty: a cross-sectional analysis . Applied Economics , 23 ( 1 ) : 153 – 160 .
  • Dreze , Jacques and Modigliani , Franco . 1972 . Consumption decisions under uncertainty . Journal of Economic Theory , 5 ( 2 ) : 308 – 335 .
  • Dynan , Karen E. 1993 . How prudent are consumers? . Journal of Political Economy , 101 ( 6 ) : 1104 – 1113 .
  • Economic Planning Agency . 1999 . Nihon Keizai no Genkyo [Annual Report on the Japanese Economy (1999)], (in Japanese)
  • Gourinchas , Pierre-Olivier and Parker , Jonathan A. 2002 . Consumption over the life cycle . Econometrica , 70 ( 1 ) : 47 – 89 .
  • Guiso , Luigi , Jappeli , Tullio and Terlizzese , Daniele . 1992 . Earning uncertainty and precautionary saving . Journal of Monetary Economics , 30 ( 2 ) : 307 – 337 .
  • Hayashi , Fumio . 1997 . Understanding Saving: Evidence from the United States and Japan , MIT Press .
  • Hori , Masahiro and Shimizutani , Satoshi . 2002 . “ Micro data studies on Japanese household consumption ” . In ESRI Discussion Paper Series , Vol. 15 , Government of Japan .
  • Hori , Masahiro , Hsieh , Chang-tai , Murata , Keiko and Shimizutani , Satoshi . 2002 . “ Did the shopping coupon program stimulate consumption? Evidence from Japanese micro data ” . In ESRI Discussion Paper Series , Vol. 12 , Government of Japan .
  • Horioka , Charles and Watanabe , Wako . 1997 . Why do people save? A micro-analysis of motives for household savings in Japan . Economic Journal , 107 ( 442 ) : 537 – 552 .
  • Ishihara , Hidehiko and Doi , Takero . 2003 . “ 1990 Nendai no Nihon ni Okeru Shohi Chochiku Kodo ni tsuite (Consumption and Saving Behavior of the Japanese in the 1990s: Theoretical Results and Empirical Studies on the Precautionary Saving Motive ” . In Keizai Bunseki (Economic Analysis) Vol. 174 , (in Japanese)
  • Kazarosian , Mark . 1997 . Precautionary savings – a panel study . Review of Economics and Statistics , 79 ( 2 ) : 241 – 247 .
  • Kimball , Miles . 1990 . Precautionary saving in the small and in the large . Econometrica , 58 ( 1 ) : 53 – 73 .
  • Leland , Hayne . 1968 . Saving and uncertainty: the precautionary demand for saving . Quarterly Journal of Economics , 82 ( 3 ) : 465 – 473 .
  • Lusardi , Annamaria . 1998 . On the importance of the precautionary saving motive . American Economic Review , 88 ( 2 ) : 449 – 453 .
  • Merrigan , Philip and Normandin , Michel . 1996 . Precautionary saving motives: an assessment from UK time series of cross-sections . Economic Journal , 106 ( 438 ) : 1193 – 1208 .
  • Ministry of Internal Affairs and Communications . various years . Annual Report on the Family Income and Expenditure Survey
  • Murata , Keiko . 2003 . Precautionary savings and income uncertainty: evidence from Japanese micro data . Monetary and Economic Studies , 21 ( 3 ) : 21 – 32 . Institute of Monetary and Economic Studies, Bank of Japan
  • Ogawa , Kazuo . 1991 . Shotoku Risuku to Yobiteki Chotiku Income Risks and Precautionary Saving . Keizai Kenkyu (Economic Studies) , 42 ( 2 ) : 139 – 152 .
  • Sandmo , Agnar . 1970 . The effect of uncertainty on saving decisions . Review of Economic Studies , 37 ( 3 ) : 353 – 360 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.