Are Americans more altruistic than the Japanese?: a US-Japan comparison of saving and bequest motives
In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the Comparative Survey of Savings in Japan and the United States,' a binational survey conducted in 1996 by the Institute for Posts and Telecommunications Policy of the Ministry of Posts an...
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| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Cambridge, Mass.
2000
|
| Series: | NBER working paper series
7463 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the Comparative Survey of Savings in Japan and the United States,' a binational survey conducted in 1996 by the Institute for Posts and Telecommunications Policy of the Ministry of Posts and Telecommunications of the Government of Japan, in order to shed light on which model of household behavior applies in the two countries. We find (1) that the selfish life cycle model is the dominant model of household behavior in both countries but that it is far more applicable in Japan than it is in the U.S., (2) that the altruism model is far more applicable in the U.S. than it is in Japan but that it is not the dominant model of household behavior in either country, and (3) that the dynasty model is more applicable in Japan than it is in the U.S. bu that it is of only limited applicability even in Japan. |
| Physical Description: | 29 S. graph. Darst. |
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| physical | 29 S. graph. Darst. |
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| spelling | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives Charles Yuji Horioka ... Cambridge, Mass. 2000 29 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier NBER working paper series 7463 In this paper, we analyze a variety of data on saving motives, bequest motives, and bequest division from the Comparative Survey of Savings in Japan and the United States,' a binational survey conducted in 1996 by the Institute for Posts and Telecommunications Policy of the Ministry of Posts and Telecommunications of the Government of Japan, in order to shed light on which model of household behavior applies in the two countries. We find (1) that the selfish life cycle model is the dominant model of household behavior in both countries but that it is far more applicable in Japan than it is in the U.S., (2) that the altruism model is far more applicable in the U.S. than it is in Japan but that it is not the dominant model of household behavior in either country, and (3) that the dynasty model is more applicable in Japan than it is in the U.S. bu that it is of only limited applicability even in Japan. Ökonometrisches Modell Households Japan Econometric models Households United States Econometric models Inheritance and succession Economic aspects Japan Inheritance and succession Economic aspects United States Intergenerational relations Economic aspects Japan Intergenerational relations Economic aspects United States Saving and investment Japan Saving and investment United States USA Horioka, Charles 1956- Sonstige (DE-588)128889950 oth Erscheint auch als Online-Ausgabe NBER working paper series 7463 (DE-604)BV002801238 7463 http://papers.nber.org/papers/w7463.pdf kostenfrei Volltext |
| spellingShingle | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives NBER working paper series Ökonometrisches Modell Households Japan Econometric models Households United States Econometric models Inheritance and succession Economic aspects Japan Inheritance and succession Economic aspects United States Intergenerational relations Economic aspects Japan Intergenerational relations Economic aspects United States Saving and investment Japan Saving and investment United States |
| title | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives |
| title_auth | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives |
| title_exact_search | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives |
| title_full | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives Charles Yuji Horioka ... |
| title_fullStr | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives Charles Yuji Horioka ... |
| title_full_unstemmed | Are Americans more altruistic than the Japanese? a US-Japan comparison of saving and bequest motives Charles Yuji Horioka ... |
| title_short | Are Americans more altruistic than the Japanese? |
| title_sort | are americans more altruistic than the japanese a us japan comparison of saving and bequest motives |
| title_sub | a US-Japan comparison of saving and bequest motives |
| topic | Ökonometrisches Modell Households Japan Econometric models Households United States Econometric models Inheritance and succession Economic aspects Japan Inheritance and succession Economic aspects United States Intergenerational relations Economic aspects Japan Intergenerational relations Economic aspects United States Saving and investment Japan Saving and investment United States |
| topic_facet | Ökonometrisches Modell Households Japan Econometric models Households United States Econometric models Inheritance and succession Economic aspects Japan Inheritance and succession Economic aspects United States Intergenerational relations Economic aspects Japan Intergenerational relations Economic aspects United States Saving and investment Japan Saving and investment United States USA |
| url | http://papers.nber.org/papers/w7463.pdf |
| volume_link | (DE-604)BV002801238 |
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