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This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We … the household saving rate …
Persistent link: https://www.econbiz.de/10013129127
biological desire for a marriage partner is strong. Empirically, we show that within China, those regions with a faster increase …
Persistent link: https://www.econbiz.de/10013130254
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/10013130270
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account …
Persistent link: https://www.econbiz.de/10013137314
Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist … introduces the chapters comprising the NBER volume Capitalizing China (Fan and Morck, eds. 2012), which examine China's high … consider policy alternatives the CCP might consider if its goal is China's elevation into the ranks of high income countries …
Persistent link: https://www.econbiz.de/10013117212
In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia … during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing … dependency ratio), income levels, and the level of financial sector development. We then project future trends in domestic saving …
Persistent link: https://www.econbiz.de/10013118468
aggregate household saving rates in Japan, China, and India. The observed age distributions help explain the contrasting saving … saving rates, while decreasing family size increases saving for both China and India. Projecting forward, the model predicts … lower household saving rates in Japan and China …
Persistent link: https://www.econbiz.de/10013015546
China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … rate in China since the mid-1990s as well as the U-shaped age-saving profile … rising savings rates among younger households are consistent with rising income uncertainty and higher saving rates among …
Persistent link: https://www.econbiz.de/10013038407
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that … emphasize life cycle factors, the precautionary saving motive, financial development, or habit formation. This paper proposes a … new competitive saving motive: As the sex ratio rises, Chinese parents with a son raise their savings in a competitive …
Persistent link: https://www.econbiz.de/10013152435
In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a … China?s household saving rate has been high and rising and that the main determinants of variations over time and over space … that China?s household saving rate will remain high for some time to come …
Persistent link: https://www.econbiz.de/10012778166