Showing 1 - 10 of 1,193
household savings rate and the U-shaped age-profile of savings. -- China ; household savings ; income uncertainty ; pension …China's household saving rate has increased markedly since the mid-1990s and the agesaving profile has become U … 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
study household savings and expenditure adjustment from an unexpected, large-scale and rapidly evolving political shock that … uncertainty resulted in significant temporary increases in savings among urban households in China. Households responded mainly by … occurred largely in May 1989 in Beijing, China. Using monthly micro panel data, we present evidence that a surge in political …
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 …Using combined data from population censuses and Urban Household Surveys, we study the effects of demographic …
Persistent link: https://www.econbiz.de/10009672255
household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …-2008. Using data from the Flow of Funds Accounts (FFA) and Urban Household Surveys (UHS) supplemented by the findings from … existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and …
Persistent link: https://www.econbiz.de/10009126989
Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings … workers decide on their own individual savings, that the fully-funded occupational system is decided upon by the age cohort of … pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …
Persistent link: https://www.econbiz.de/10012160984
for consumption of the individual worker. However, most household panel surveys contain consumption information only at … the household level. We show that proxying individual consumption by household consumption biases estimated Frisch … elasticities downward as limited commitment in the household induces individual consumption to behave differently from household …
Persistent link: https://www.econbiz.de/10012493758
social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on … and savings decisions of singles and married couples. Partial insurance against wage and employment shocks is provided by … Social Assistance, which provides a permanent universal household income floor, with a minor role for temporary earnings …
Persistent link: https://www.econbiz.de/10010510507
favours having a son. Using data from the China Household Finance Survey (CHFS), we find that the presence of a daughter is …We explore the link between child gender and household financial decisions within a cultural environment that strongly …
Persistent link: https://www.econbiz.de/10014339334
-finding rates, wages and savings, so that we use the model to examine the role of age and wealth for worker flows and for the … a less progressive tax schedule bring about welfare losses for a newborn worker household. …
Persistent link: https://www.econbiz.de/10014443876
This paper analyzes the causes of rising savings rates for the corporate, government, and household sectors, which have … jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the … Chinese economy are also explored. -- aggregate savings ; current account ; income distribution ; WTO accession ; trade …
Persistent link: https://www.econbiz.de/10009716768