内容

目次

Part 1 Liquidity constraints: introduction to parts I and II - a reviewof empirical studies of household saving; the permanent income hypothesis -estimation and testing by instrumental variables, addendum chapter 2 -estimation using updated data; the effect of liquidity constraints onconsumption - a cross-sectional analysis; the permanent income hypothesis andconsumption durability - analysis based on Japanese panel data, addendumchapter 4 - consumption growth equation for food; testing the life cycle -permanent income hypothesis on Japanese monthly panel data; tests forliquidity constraints - a critical survey and some new observations. Part 2Risk sharing and altruism: is the extended family altruistically linked?direct tests using micro data; is the Japanese extended family altruisticallylinked? a test based on Engel curves; risk sharing between and withinfamilies. Part 3 Japanese saving behaviour: introduction to part III - areview of recent literature on Japanese saving; why is Japan's saving rate soapparently high?, addendum chapter 11 - an update of data appendix; lifecycle and bequest savings - evidence from a large cross-section of Japanesehouseholds; housing finance imperfections and private saving - a simulationanalysis.