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Publication year
The Japanese Saving Rate
Resource type
Authors/contributors
- Chen, Kaiji (Author)
- Imrohoroglu, Ayse (Author)
- Imrohoroglu, Selahattin (Author)
Title
The Japanese Saving Rate
Abstract
Despite much work, economists have not been able to quantitatively account for the differences in the Japanese and U.S. saving rates after World War II. In this paper, we show that the use of actual Japanese total factor productivity growth rates in a standard growth model generates saving rates that are reasonably similar to the Japanese data between 1956 and 2000. (JEL E21, E22, O41, O47)
Publication
American Economic Review
Volume
96
Issue
5
Pages
1850-1858
Date
2006-12
Citation
Chen, K., Imrohoroglu, A., & Imrohoroglu, S. (2006). The Japanese Saving Rate. American Economic Review, 96, 1850–1858.
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