Do households smooth expenditure over anticipated income changes? Evidence from bonus payments to public employees in Japan

Journal of the Japanese and International Economies

Volumn 26, Issue 3, 2012, Pages 405-433

  Hori, Masahiro ^a,b   Shimizutani, Satoshi ^c,d  

^a HITOTSUBASHI UNIVERSITY   (Japan)

^b ECONOMIC AND SOCIAL RESEARCH INSTITUTE   (Japan)

^c Institute for International Policy Studies   (Japan)

^d TRADE AND INDUSTRY   (Japan)

Author keywords

Bonus payments; Excess sensitivity; Family income and expenditure survey; Japan; Life cycle permanent income hypothesis

Indexed keywords

EID: 84865553527     PISSN: 08891583     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jjie.2012.06.001     Document Type: Article

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