TY - JOUR
T1 - Are Americans more altruistic than the Japanese? a U.S.-Japan comparison of saving and bequest motives
AU - Horioka, Charles Yuji
AU - Fujisaki, Hideki
AU - Watanabe, Wako
AU - Kouno, Takatsugu
PY - 2000/3
Y1 - 2000/3
N2 - This paper analyzes a variety of data on saving motives, bequest motives, and bequest division from a U.S.-Japan survey conducted in 1996 by the Japanese Ministry of Posts and Telecommunications and finds (1) that the selfish life cycle model is the dominant model of household behavior in both countries but that in is far more applicable in Japan, (2) that the altruism model is far more applicable in the U.S. 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 but that it is of only limited applicability even in Japan. [D12, D91, E21].
AB - This paper analyzes a variety of data on saving motives, bequest motives, and bequest division from a U.S.-Japan survey conducted in 1996 by the Japanese Ministry of Posts and Telecommunications and finds (1) that the selfish life cycle model is the dominant model of household behavior in both countries but that in is far more applicable in Japan, (2) that the altruism model is far more applicable in the U.S. 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 but that it is of only limited applicability even in Japan. [D12, D91, E21].
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U2 - 10.1080/10168730000000001
DO - 10.1080/10168730000000001
M3 - Article
AN - SCOPUS:0001920433
SN - 1016-8737
VL - 14
SP - 1
EP - 31
JO - International Economic Journal
JF - International Economic Journal
IS - 1
ER -