Showing 1 - 10 of 607
From 1995 to 2005, the average urban household saving rate in China rose by 8 percentage points, to about one quarter … profile of savings has an unusual U-shaped pattern, with saving rates being the highest among the youngest and oldest …, partially accounts for this pattern. Moreover, overall saving rates have increased across all demographic groups. We argue that …
Persistent link: https://www.econbiz.de/10003586567
China's household saving rate has increased markedly since the mid-1990s and the agesaving profile has become U … households, respectively, to raise their saving rates. These two factors account for over half of the increase in China's urban … household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension …
Persistent link: https://www.econbiz.de/10009304386
jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the … policies ; China …
Persistent link: https://www.econbiz.de/10009716768
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
structural changes on the rise in household saving in China. Variations in fines across provinces on unauthorized births under … investigated in the context of household saving decisions in China. -- household saving ; one-child policy ; demographic structure … because of old-age security concerns, middle-aged households experience an increase in saving due to the lighter burden of …
Persistent link: https://www.econbiz.de/10009672255
Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded …, the accession of China to the World Trade Organization has dramatically amplified the effects of these structural …
Persistent link: https://www.econbiz.de/10009656609
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 …In this paper, we define "The Chinese Saving Puzzle" as the persistently high national saving rate at 34-53 percent of …
Persistent link: https://www.econbiz.de/10009126989
Using household data from 1988 to 2018, we confirm that the increase in income inequality in China has come to a halt … the relatively high level of inequality in China may continue since income, consumption and wealth are increasingly …
Persistent link: https://www.econbiz.de/10014454772
be flexibly estimated across age groups. We find that the Scottish policy reduced the average household saving by about … household saving by £12,764. …
Persistent link: https://www.econbiz.de/10011308491
estimated using a flexible Bayesian approach with correlated random effects and the findings suggest that: (i) saving on a …
Persistent link: https://www.econbiz.de/10011709645