Understanding Japanese Savings: Does Population Aging Matter?

Understanding Japanese Savings: Does Population Aging Matter?

Understanding Japanese Savings: Does Population Aging Matter?

Understanding Japanese Savings: Does Population Aging Matter?

Excerpt

In writing this book, I have incurred many debts. Portions of this work were part of my Yale 1988 doctoral dissertation. I thank my Yale dissertation advisors, Professors T. Paul Schultz, Koichi Hamada, and Hugh T. Patrick. I also thank my co-authors of some of my previous work related to this book, Dr Dale Henderson, and Mr Sebastian Thomas of the Federal Reserve Board of Governors.

Over the years, in my many trips to Japan, I have kindly received the advice of many Japanese economists. I would especially like to thank Professors Hiromitsu Ishi and Yukio Noguchi of Hitotsubashi University. Professors Charles Horioka of Osaka University, and Fumio Hayashi of Tokyo University, and the late Professor Albert Ando of the University of Pennsylvania, inspired my general research program on Japanese saving.

On a more personal note, I would like to thank my uncle and aunt, Dr Kiyoshi and Mrs Yoshiko Ouchi of Tokyo for looking after my well-being during my Fulbright Fellowship year in Japan in 1985-86.

Finally, my family. My mother, Kazue Ouchi, now of La Jolla, California, has instilled in me from childhood the importance of hard work, integrity, and scholarship. My wife, Dr Karen Levine, and son, James Dekle, provided much of the joy during the time I was finishing this book. I thank them dearly.

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