HORIOKA, CHARLES YUJI; WAN, JUNMIN - In: Journal of Money, Credit and Banking 39 (2007) 8, pp. 2077-2096
In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a life cycle model and panel data on Chinese provinces for the 1995-2004 period from China's household survey. We find that China's household saving rate has been high and rising...