TY  - JOUR
AU  - Horioka,Charles Yuji
TI  - The Dissaving of the Aged Revisited: The Case of Japan
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 12351
PY  - 2006
Y2  - July 2006
UR  - http://www.nber.org/papers/w12351
L1  - http://www.nber.org/papers/w12351.pdf
N1  - Author contact info:
Charles Y. Horioka
Institute of Social and Economic Research
Osaka University
6-1 Mihogaoka, Ibaraki-shi
Osaka-fu 567-0047
JAPAN
Tel: 81-6-6879-8586
Fax: 81-6-6878-2766
E-Mail: horioka@iser.osaka-u.ac.jp
AB  - In this paper, I survey the previous literature on the saving behavior of the aged in Japan and then present some survey data on the saving behavior of the aged in Japan that became available recently. To summarize the main findings of this paper, all previous studies as well as the newly available data I analyze find that the retired aged dissave and that even the working aged dissave at very advanced ages. These findings are consistent with the life cycle model and suggest that this model is highly applicable in the case of Japan.
ER  -