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- W2048496614 abstract "Abstract This paper examines the extent to which wealth accumulation for housing purchase increases household savings and suppresses consumption. The study employs an estimation method based on simultaneous equations with limited dependent variables developed by Nelson and Olson to examine the relationship between wealth accumulation and housing purchase plans, using data relating to young Japanese renters. The estimation results provide evidence that young Japanese households severely reduce their consumption by around 30–40 percent." @default.
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- W2048496614 date "2003-05-01" @default.
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- W2048496614 title "Targeted saving by renters for housing purchase in Japan" @default.
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- W2048496614 doi "https://doi.org/10.1016/s0094-1190(03)00010-x" @default.
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