The Increasing Importance of Contract-Compulsory Savings

  • Toshiaki Tachibanaki
Part of the Studies on the Modern Japanese Economy book series


This study investigates one of the hypotheses which explain the cause of the high saving rate in Japan in detail, namely the increasing importance of ‘contract-compulsory’ savings.


Unit Root Test Life Insurance Saving Rate Income Class Stochastic Trend 
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Copyright information

© Toshiaki Tachibanaki 1996

Authors and Affiliations

  • Toshiaki Tachibanaki
    • 1
  1. 1.Kyoto UniversityJapan

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