LU, LAN; McDONALD, IAN M. - In: The Singapore Economic Review (SER) 51 (2006) 03, pp. 283-301
This paper, through simulating an open economy model of China, investigates whether the current rate of saving in China …; in fact, it is negative. Thus, to justify China's current rate of saving, the social planner would have to put a higher …. This suggests that the current rate of saving in China is excessive. …