China’s high savings rate and low consumption rate have become a major concern of policy-makers in China, as well as in … household consumption- and labor earnings to project China’s national savings through 2030. Our baseline projections show that … projected average of 16%) would increase consumption by 46%. While this lowering of the savings rate could reduce China’s high …

savings has primarily focused on the impact of particular policy variables on savings. In this paper we examine Barro …

savings has primarily focused on the impact of particular policy variables on savings. In this paper we examine Barro …

less than 7 percent in 2006. Japan saved 30 percent in 1970, but only 8 percent in 2006. And the U.S. saved 9 percent in …