methods that exploit unique panel data on young twins in China. The estimates indicate that higher levels of schooling …

their individual savings rates by age. Using unique data from China that enable the re-construction of whole families and … young in China would be 21% lower if housing prices were at the same ratio to disposable incomes as that observed in the …

existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and … household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …

early health shocks for children. We estimate a human capital production function and establish that, for this sample, early …

We use unique data characterizing individual savings for twins and non-twins in urban China to examine why the savings … necessary to take into account inter-generational co-residence, an important phenomenon in China and in many developing … China, but also indicate that in urban China neither old-age support by the young nor the one-child policy are major factors …