Showing 1 - 5 of 5
) through both a savings channel and an effective labor supply channel. The effects can be quantitatively large if the …
Persistent link: https://www.econbiz.de/10012461869
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that … new competitive saving motive: As the sex ratio rises, Chinese parents with a son raise their savings in a competitive … manner in order to improve their son's relative attractiveness for marriage. The pressure on savings spills over to other …
Persistent link: https://www.econbiz.de/10012463557
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account … surplus. The mainstream explanation for high corporate savings is a combination of windfall profits in state-owned firms … doubt on these views by comparing the savings of 1557 Chinese listed firms with those of 29330 listed firms from 51 other …
Persistent link: https://www.econbiz.de/10012462224
Large savings and current account surpluses by China and other countries are said to be a contributor to the global … current account imbalances and possibly to the recent global financial crisis. This paper proposes a theory of excess savings … show conditions under which an intensified competition in the marriage market can induce men to raise their savings rate …
Persistent link: https://www.econbiz.de/10012462653
Motivated by recent empirical work, this paper formalizes a theory of competitive savings - an arms race in household … savings for mating competition that is made more fierce by an increase in the male-to-female ratio in the pre-marital cohort … savings response by males (or households with a son)? Can women (or households with a daughter) dis-save? What are the …
Persistent link: https://www.econbiz.de/10012459750