Showing 1 - 10 of 324
nominal incomes by the CPI. We attribute this discrepancy to a small bias in the CPI, which is of a similar magnitude to the …
Persistent link: https://www.econbiz.de/10012667425
China’s household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U-shaped. We find that rising income uncertainty and pension reforms help explain both of these phenomena. Using a panel of Chinese households covering the period 1989-2006, we...
Persistent link: https://www.econbiz.de/10014403089
Digitalization is accelerating as countries fight against the COVID-19 pandemic. In this context, the impact of mobile phone ownership on welfare (represented by consumption) is estimated for South Africa using rich household survey data in a panel format, the National Income Dynamics Study...
Persistent link: https://www.econbiz.de/10012392413
estimates potential growth for China, India, and five ASEAN countries (Indonesia, Malaysia, the Philippines, Thailand, and … Vietnam) during 1993–2013. The main findings include: (i) both China and India have recently exhibited a slowdown in potential …;(iii) over the longer term, demographic factors will be much more supportive in India and some ASEAN economies than in China …
Persistent link: https://www.econbiz.de/10014394381
Persistent link: https://www.econbiz.de/10010389478
The COVID-19 crisis has a severe impact on education and employment and exposed the many social inequities that make … on education, social protection coverage, natural resource endowments, and countries' fragility are strong predictors of …
Persistent link: https://www.econbiz.de/10012605120
A firm theoretical basis for the empirical relationship between dependency rates and savings behavior in developing countries is still lacking. Two demographic extensions of the representative household’s stochastic dynamic optimization problem are presented here. It is shown that the...
Persistent link: https://www.econbiz.de/10014395881
education costs have increased since the mid-1990s. This paper finds that the rise in saving rate has been a minor factor. Much …
Persistent link: https://www.econbiz.de/10014400895
This paper gauges the key determinants of China''s private consumption in relation to GDP using data on the Chinese economy and evidence from other countries'' experiences. The results suggest there is nothing ""special"" about consumption in China. Rather, the challenge is to explain why the...
Persistent link: https://www.econbiz.de/10014402810
This paper challenges the conventional wisdom that income inequality in Poland increased substantially following the economic transition in 1989–90. The results, based on micro data from the 1985–92 Household Budget Surveys, indicate that overall income inequality increased during the...
Persistent link: https://www.econbiz.de/10014403464