China's high household savings rate has attracted great academic interest but remains a puzzle. Potential explanations … births and obtain a unique view into consumption and saving patterns around important life events. Our results point toward …

their individual savings rates by age. Using unique data from China that enable the re-construction of whole families and … young in China would be 21% lower if housing prices were at the same ratio to disposable incomes as that observed in the …

biological desire for a marriage partner is strong. Empirically, we show that within China, those regions with a faster increase …

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 …

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 …

China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account …

Can standard business-cycle methodology be applied to China? In this chapter, we address this question by examining the … macroeconomic time series and identifying dimensions in which China differs from economies (such as Canada and the U.S.) that are … typically the subject of business-cycle research. We show that naively applying the standard business-cycle tools to China is no …

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 …

From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to about one quarter … income growth. Tracing cohorts over time indicates a virtual absence of consumption smoothing over the life cycle. Saving … years, with younger and older households having relatively high saving rates. We argue that these patterns are best …

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 …