The Consumption Response to Seasonal Income: Evidence from Japanese Public Pension Benefits
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https://www.nber.org/papers/w16342
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资源简介:
Japanese public pension benefits, which were distributed quarterly through February 1990 and every other month since then, induce substantial but predictable income fluctuations. The relative magnitude of the payments combined with the delay between payments yields a stronger test of the Life-Cycle
提供机构:
美国国家经济研究局
创建时间:
2010-09-01



