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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 … China's household saving rate has been high and rising and that the main determinants of variations over time and over space … the household saving rate in only one of the four samples. These results provide mixed support for the life cycle …
Persistent link: https://www.econbiz.de/10010332228
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 … the household saving rate in only one of the four samples. These results provide mixed support for the life cycle …
Persistent link: https://www.econbiz.de/10003397467
From 1995 to 2005, the average urban household saving rate in China rose by 8 percentage points, to about one quarter … of disposable income. We use household-level data to explain why households are postponing consumption despite rapid … profile of savings has an unusual U-shaped pattern, with saving rates being the highest among the youngest and oldest …
Persistent link: https://www.econbiz.de/10003586567
. Using data from the Chinese Household Income Project 1995 and 2002, I first show that the whole saving rate distribution … heterogeneous across the distribution: while rural saving increased the most at lower percentiles, urban saving experienced a larger … shift at higher percentiles. Moreover, decomposition in the saving distribution shows that most of the increase in the rural …
Persistent link: https://www.econbiz.de/10012927444
populations into the financial mainstream. We use data from the 2013 Chinese Household Finance Survey (CHFS) to investigate the …
Persistent link: https://www.econbiz.de/10012943090
This paper studies the determinants of Chinese households' saving. Domestic saving in China is the highest in the world … econometric analysis proceeds from the work of Modigliani and Cao (2004) that explained rising personal saving in China within the …
Persistent link: https://www.econbiz.de/10013110282
This paper examines the relationship between planning for overseas education and household saving behaviour in China … saving behaviour is captured by the amount of household savings and the role of planning for overseas education is … statistic significance of parents planning to send children to study abroad differs across household savings distribution …
Persistent link: https://www.econbiz.de/10013291525
China's urban household saving rate has increased markedly since the mid-1990s, accompanied by a dramatic increase in … the reform increased household saving rates during the reform period (1998-2001) by shifting the cost of housing services … from the state to households. We also provide evidence that suggests that the 1998 housing reform affects household saving …
Persistent link: https://www.econbiz.de/10013295206
provides a new explanation for the complex issue of Chinese saving using a structural vector autoregressive (SVAR) model. We … find that China's growth is positively affected by saving but has a limited effect on saving, that inequality mainly has a … negative impact on growth but has a positive impact on saving, and that inequality is a stronger factor than growth in …
Persistent link: https://www.econbiz.de/10010738018
propensity to consume from unearned income is about three times larger than that from earned income, based on household panel …
Persistent link: https://www.econbiz.de/10010280063