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China's household saving rate has increased markedly since the mid-1990s and the agesaving profile has become U … household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension … permanent variance of household income was stable, the transitory variance rose sharply. Based on these estimates, we calibrate …
Persistent link: https://www.econbiz.de/10009304386
with health shocks. Exploiting the rollout of a universal health insurance program in rural China, I find that total … household income and consumption are fully insured against health shocks even without access to health insurance. Household …
Persistent link: https://www.econbiz.de/10011280714
study household savings and expenditure adjustment from an unexpected, large-scale and rapidly evolving political shock that … occurred largely in May 1989 in Beijing, China. Using monthly micro panel data, we present evidence that a surge in political … uncertainty resulted in significant temporary increases in savings among urban households in China. Households responded mainly by …
Persistent link: https://www.econbiz.de/10010457397