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Book Cover
Author Hayashi, Fumio.

Title Understanding saving : evidence from the United States and Japan / Fumio Hayashi
Published Cambridge, Mass : MIT Press, ©1997


Description 1 online resource (x, 510 pages) : illustrations
Contents 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 -- 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 -- 10. Introduction to Part III: A Review of Recent Literature on Japanese Saving
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject Saving and investment -- Japan
Saving and investment -- United States
POLITICAL SCIENCE -- Economic Conditions.
BUSINESS & ECONOMICS -- Economics -- Macroeconomics.
Saving and investment.
Economic History.
Business & Economics.
United States.
Verenigde Staten.
Form Electronic book
LC no. 96037681
ISBN 0585134014