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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 and that the main determinants of variations over time and over space …
Persistent link: https://www.econbiz.de/10010332228
Sparquote zu. Außerdem beeinflußt die Art der sozialen Sicherung die Höhe der Sparquote. Selbständigen-Haushalte sparen einen … insurance between the household categories than in the difference in their savings rates. Whereas the average amount saved on …Seit geraumer Zeit geht die gesamtwirtschaftliche Sparquote in Deutschland zurück. Ursächlich dafür sind vor allem die …
Persistent link: https://www.econbiz.de/10010260715
Persistent link: https://www.econbiz.de/10011807567
This paper investigates empirically why Japan's household savings rate fell in the 1990s. We constructed an economic …'s household savings rate. Our simulation analysis demonstrated that if the proportion of liquidity-constrained households in the … 1990s had stayed at the level as that of the late 1980s, the household savings rate would have increased by four percent …
Persistent link: https://www.econbiz.de/10010332236
This paper presents data on Japan's household saving rate, considers the reasons for Japan's high household saving rate … in the past and the reasons for the recent decline therein, projects future trends in Japan's household saving rate, and … consider the implications of my findings. It finds that Japan's high household saving rate was a temporary phenomenon and that …
Persistent link: https://www.econbiz.de/10010332425
experiments show that the numerical effect on the savings rate of age structure changes is substantial when the indirect effects …
Persistent link: https://www.econbiz.de/10010284297
household consumption decisions. This evidence complements existing work concerning 'valuation effects' by highlighting at a …
Persistent link: https://www.econbiz.de/10010316810
in 50 countries: Tests of cointegration and structural breaks, 2002) by employing bounds tests to level relationships and …
Persistent link: https://www.econbiz.de/10010310957
We use administrative data for Norway to estimate an incomplete-market life-cycle model of retired singles and couples with a bequest motive, health-dependent utility, and uncertain longevity and health. We allow the parameters of the bequest utility to differ between households with and without...
Persistent link: https://www.econbiz.de/10014581860
This paper examines the relationship between federal transfers and fiscal deficits in India. The system of federal …-variate cointegration analysis, which finds a long-run relationship between fiscal transfers, state product per capita and the primary …
Persistent link: https://www.econbiz.de/10010507396