Chamon, Marcos; Prasad, Eswar S. - 2008
coming years. Hence, a more careful analysis of
demographic factors seems warranted in accounting for the rise in savings … to finance purchases of major consumer durables (or
housing). These expenditures tend to be larger for younger …
Why are Saving Rates of Urban Households in China Rising?
Marcos D. Chamon and Eswar S. Prasad BREAD Working Paper …