We employ a model of precautionary saving to study why household saving rates are so high in China and so low in the US … components. This decomposition indicates that over 80 percent of China's saving rate and nearly all of the US saving arises from … the precautionary motive. The difference in the income growth rate between China and the US is vastly more important for …

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 …

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 …

This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …