The Determinants of Post-war Savings Behaviour in Japan

Miyohei Shinohara
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Miyohei Shinohara: Seikei University

Chapter 9 in The Determinants of National Saving and Wealth, 1983, pp 201-218 from Palgrave Macmillan

Abstract: Abstract In common with a number of Asian NICs, over the post-war period Japan has experienced not only a high savings ratio, but also one that has continued to increase. This has surprised many people, who expected the savings ratio to stabilise as Japan approached the level of industrialisation of the advanced Western nations. This paper attempts to provide an explanation of this puzzling observation. A large number of factors probably contribute to the high savings ratio, and its continued increase. But the most dominant of these relate to the uniqueness of various institutional arrangements in Japan.

Keywords: Real Income; Farm Household; Income Class; Liquid Asset; Bonus Payment (search for similar items in EconPapers)
Date: 1983
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-17028-9_9

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DOI: 10.1007/978-1-349-17028-9_9

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