The impact of retirement on household consumption in Japan

Aguiar, 2005, Consumption vs. expenditure, J. Polit. Economy, 133, 919, 10.1086/491590 Battistin, 2009, The retirement consumption puzzle: evidence from a regression discontinuity approach, Amer. Econ. Rev., 99, 2209, 10.1257/aer.99.5.2209 Banks, 1998, Is there a retirement-savings puzzle?, Amer. Econ. Rev., 88, 769 Blau, 2008, Retirement and consumption in a life cycle model, J. Lab. Econ., 26, 35, 10.1086/522066 Bernheim, 2001, What accounts for the variation in retirement wealth among US households?, Amer. Econ. Rev., 91, 832, 10.1257/aer.91.4.832 Casey, Bernard H., 2004. Reforming the Japanese Retirement Income System: A Special Case? Boston College Center for Retirement Research GIB #4. Chan, 2008, What you don’t know can’t help you: pension knowledge and retirement decision making, Rev. Econ. Statist., 90, 253266, 10.1162/rest.90.2.253 Engen, 1999, The adequacy of household saving, Brookings Pap. Econ. Act., 3, 65, 10.2307/2534679 Fisher, 2008, The retirement consumption conundrum: evidence from a consumption survey, Econ. Letters, 99, 482, 10.1016/j.econlet.2007.09.030 Gustman, Alan L., Steinmeier, Thomas L., 1999. What People Don’t Know About Their Pensions and Social Security: An Analysis Using Linked Data from the Health and Retirement Study. National Bureau of Economic Research Working Paper No. 7368. Haider, 2007, Is there a retirement-consumption puzzle? evidence using subject retirement expectations, Rev. Econ. Statist., 89, 247, 10.1162/rest.89.2.247 Hamermesh, 1984, Consumption during retirement: the missing link in the life cycle, Rev. Econ. Statist., 66, 1, 10.2307/1924689 Hsieh, 2003, Do consumers react to anticipated income shocks? Evidence from the Alaska permanent fund, Amer. Econ. Rev., 93, 397, 10.1257/000282803321455377 Hurd, Michael D., Rohwedder, Susann, 2003. The Retirement-Consumption Puzzle: Anticipated and Actual Declines in Spending and Retirement. National Bureau of Economic Research Working Paper No. 9586. Hurd, Michael D., Rohwedder, Susann, 2008. The Retirement-Consumption Puzzle: Actual Spending Change in Panel Data. National Bureau of Economic Research Working Paper No. 13929. Hurst, Erik, 2008. The Retirement of a Consumption Puzzle. National Bureau of Economic Research Working Paper No. 13789. Lusardi, 1996, Permanent income, current income, and consumption: evidence from two panel data sets, J. Bus. Econ. Statist., 14, 81, 10.2307/1392101 Lusardi, Annamaria, 2003. Planning and Saving for Retirement. Dartmouth University Manuscript. Miniaci, Raffaele, Monfardini, Chiara, Weber, Guglielmo, 2003. Is there a retirement consumption puzzle in Italy? Institute for Fiscal Studies Working Paper No. W03/14. Parker, 1999, The reaction of household consumption to predictable changes in social security taxes, Amer. Econ. Rev., 89, 959, 10.1257/aer.89.4.959 Sato, 1999, Employment and treatment of middle-aged and older white-collar employees after the bubble, Japan Lab. Bull., 38 Scholz, 2006, Are Americans saving “optimally” for retirement?, J. Polit. Economy, 114, 607643, 10.1086/506335 Schwerdt, 2005, Why does consumption fall at retirement? Evidence from Germany, Econ. Letters, 89, 300, 10.1016/j.econlet.2005.06.014 Smith, 2006, The retirement-consumption puzzle and involuntary early retirement: evidence from the British household panel survey, Econ. J., 116, C130, 10.1111/j.1468-0297.2006.01080.x Stephens, 2008, The consumption response to predictable changes in discretionary income: evidence from the repayment of vehicle loans, Rev. Econ. Statist., 90, 241, 10.1162/rest.90.2.241 Stephens Jr., Melvin, Unayama, Takashi, forthcoming. The consumption response to seasonal income: evidence from Japanese public pension benefits. Amer. Econ. J.: Appl. Econ. Wakabayashi, 2008, The retirement consumption puzzle in Japan, J. Population Econ., 21, 983, 10.1007/s00148-006-0113-8