| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3690 |
| 来源ID | Working Paper 3690 |
| Japan's High Saving Rate Reaffirmed | |
| Robert Dekle; Lawrence H. Summers | |
| 发表日期 | 1991-04-01 |
| 出版年 | 1991 |
| 语种 | 英语 |
| 摘要 | Compared to the U.S. national accounts, the Japanese accounts understate consumption and government spending, and therefore overstate the national saving rate. Recently, Hayashi has recalculated Japan's national saving according to the American Department of Commerce definition and found that from the mid-1970s until today, Japan's national saving rate is nearly halved. In this paper, we argue that Hayashi's adjustments to the Japanese income accounts are exaggerated, and present measures of Japanese and U.S. private saving that are immune from national income accounting biases. Our saving measures are constructed from the balance sheets of the household sectors in the United States and Japan. Far from being equal, we find that the two country gap in saving rates in the early 1980s has averaged between 15 and 30 percentage points, depending on the measure. |
| URL | https://www.nber.org/papers/w3690 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561001 |
| 推荐引用方式 GB/T 7714 | Robert Dekle,Lawrence H. Summers. Japan's High Saving Rate Reaffirmed. 1991. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w3690.pdf（178KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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