Economics/Finances Understanding Savings: Evidence from the United States and Japan (0262082551)

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Understanding Savings: Evidence from the United States and Japan

Analysis of consumption and saving decisions by households has always been one of the most active areas of research in economics--and with good reason. Private consumption is the most important component of aggregate demand in a capitalist economy, and explaining consumption is the key element in most macroeconomic forecasting models. To evaluate the effect of government policies invariably requires the knowledge of how they change parameters relevant for household decision making. Understanding Saving collects eleven papers by economist Fumio Hayashi, along with two previously unpublished chapters, for a total of thirteen chapters. The monograph, which brings together Hayashi's empirical research on saving, is divided into three sections. Part I, "Liquidity Constraints", contains five studies that test the well-known implication of the Life Cycle-Permanent Income hypothesis that households shield consumption from income fluctuations. Part II, "Risk-Sharing and Altruism", contains three papers that examine the interactions between related and unrelated households predicted by the hypothesis for the US and Japanese households. The three papers in Part III, "Japanese Saving Behavior", present the author's explanation of the high saving rate in postwar Japan.

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	Technical War and State Terrorism: The United States, Japan, and the Asia-Pacific in the L Author: Mark SeldenPublisher: Rowman &amp; Littlefield Publishers, Inc.Publish Date: 28 November, 2003ISBN: 0742523918
	Understanding the Arts and Creative Sector in the United States Understanding the Arts and Creative Sector in the United StatesRutgers University Press \| 2008 \| ISBN: 081354307X \| Pages: 214 \| PDF \| 1.96 MBThe arts and creative sector is one of the nation's broadest, most important, and least understood ...
	History/Military Grand Expectations: The United States, 1945-1974 (Oxford History of the United States) Grand Expectations: The United States, 1945-1974 (Oxford History of the United States) By James T. PattersonPublisher: Oxford University Press, USA 1997 \| 829 Pages \| ISBN: 0195117972 \| PDF \| 45.7 MBBeginning in 1945, America rocketed throu ...
	Encyclopedias Historical Dictionary of United States-Japan Relations Mauch Peter, Yoneyuki Sugita, John Van Sant, "Historical Dictionary of United States-Japan Relations" The Scarecrow Press, Inc. \| 2007-01-28 \| ISBN: 0810856085 \| 344 pages \| PDF \| 3,4 MB The Japanese started arriving in America as casta ...
	Family & Home Secrets, Sex, and Spectacle: The Rules of Scandal in Japan and the United States Mark D. West, “Secrets, Sex, and Spectacle: The Rules of Scandal in Japan and the United States” University Of Chicago Press \| 2007 \| ISBN: 0226894088 \| 368 pages \| PDF \| 1,4 MB Review"An insider's knowledge and an outsider's ironic det ...
	Economics/Finances Soft Power Superpowers: Cultural and National Assets of Japan and the United States Watanabe Yasushi, David L. McConnell, Joseph S., Jr. Nye, "Soft Power Superpowers: Cultural and National Assets of Japan and the United States" M.E. Sharpe \| 2008 \| ISBN: 0765622483, 0765622491 \| 296 pages \| PDF \| 2,4 MB The term "soft ...

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