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A survey of household saving behaviour

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Chapter Summary

This chapter examines (1) whether or not the Japanese really do save a lot and whether or not they have always saved a lot, (2) why the Japanese save a lot (if indeed they do), and (3) whether or not one can expect the Japanese to continue saving a lot in the future as well. This chapter presents data on trends over time in Japan's household saving rate and on household saving rates in international perspective. It considers the reasons for Japan's high household saving rate and the reasons for the recent decline in Japan's high household saving rate. The author projects future trends in Japan's household saving rate and considers the implications of his findings.

Keywords: Japan's household saving rate; long-term decline



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