This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …'s utility enter into parent's utility where parents choose the consumption level of the young until they leave the household … the household saving rate …

-2008. Using data from the Flow of Funds Accounts (FFA) and Urban Household Surveys (UHS) supplemented by the findings from … household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …

imply. Our results also suggest that a substantial part of the reduced form relationship between stock holding and household …

personal assets. In this paper, we investigate the relationship between financial literacy and household net worth, relying on … comprehensive measures of financial knowledge designed for a special module of the Dutch Central Bank Household Survey (DHS). Our … strong link to household wealth …

Using administrative credit report records and data collected through several special household surveys we analyze … changes in household debt and savings during the 2007 recession. We find that while different segments of the population were … higher saving rate appears to reflect a considerable decline in household debt, with households paying down mortgage debt in …

We present a model of household life-cycle saving decisions in order to quantify the impact of demographic changes on … aggregate household saving rates in Japan, China, and India. The observed age distributions help explain the contrasting saving … lower household saving rates in Japan and China …

China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … accompanied by a substantial increase in income uncertainty. Interestingly, the permanent variance of household income remains … that rising income uncertainty and pension reforms can account for over half of the increase in the urban household savings …