TY  - BOOK
AU  - Hayashi,Fumio
TI  - Understanding saving : : evidence from the United States and Japan / 
SN  - 0262082551
U1  - 339.430952  21
PY  - 1997///
CY  - Cambridge : 
PB  - The MIT Press, 
KW  - Estados Unidos
KW  - Política económica
KW  - Japón
N1  - Incluye bibliografías e índice; I. Liquidity constraints ; 1. Introduction to parts i and ii: a review of empirical studies of household saving ; 2. The permanent income hypothesis: estimation and testing by instrumental variables addendum to chapter 2: estimation using updated data ; 3. The effect of liquidity constraints on consumption: a cross-sectional analysis ; 4. The permanent income hypothesis and consumption durability: analysis based on japanese panel data addendum to chapter 4: consumption growth equation for food ; 5. Testing the life cycle -- permanent income hypothesis on japanese monthly panel data ; 6. Tests for liquidity constraints: a critical survey and some new observations -- II. Risk sharing and altruism ; 7. Is the extended family altruistically linked? direct tests using micro data ; 8. Is the japanese extended family altruistically linked? a test based on engel curves ; 9. Risk sharing between and within families -- III. Japanese saving behavior ; 10. Introduction to part iii: a review of recent literature on japanese saving ; 11. Why is Japan´s saving rate so apparently high? Addendum to chapter 11: an update of data appendix ; 12. Life cycle and bequest savings: evidence from large cross-section of Japanese households ; 13. Housing finance imperfections and private saving: a simulation analysis
ER  -