蝌蚪网 Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
The Japanese Saving Rate
蝌蚪网 Review
vol. 96,
no. 5, December 2006
(pp. 1850–1858)
Abstract
Despite much work, economists have not been able to quantitatively account for the differences in the Japanese and U.S. saving rates after World War II. In this paper, we show that the use of actual Japanese total factor productivity growth rates in a standard growth model generates saving rates that are reasonably similar to the Japanese data between 1956 and 2000. (JEL E21, E22, O41, O47)Citation
Chen, Kaiji, Ay艧e 陌mrohoro臒lu, and Selahattin 陌mrohoro臒lu. 2006. "The Japanese Saving Rate." 蝌蚪网 Review 96 (5): 1850–1858. DOI: 10.1257/aer.96.5.1850Additional Materials
JEL Classification
- E21 Macroeconomics: Consumption; Saving; Wealth