Chamon, Marcos (contributor); Prasad, Eswar S. (contributor) - 2007
From 1995 to 2005, the average urban household saving rate in China rose by 8 percentage points, to about one quarter … of disposable income. We use household-level data to explain why households are postponing consumption despite rapid … this can be explained by the rising private burden of expenditures on housing, education, and health care. -- Household …