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The high and rising household savings rate in China is not easily reconciled with the traditional explanations that … new competitive saving motive: As the sex ratio rises, Chinese parents with a son raise their savings in a competitive … manner in order to improve their son's relative attractiveness for marriage. The pressure on savings spills over to other …
Persistent link: https://www.econbiz.de/10013152435
The high and rising household savings rate in China is not easily reconciled with the traditional explanations that … new competitive saving motive: As the sex ratio rises, Chinese parents with a son raise their savings in a competitive … manner in order to improve their son's relative attractiveness for marriage. The pressure on savings spills over to other …
Persistent link: https://www.econbiz.de/10012463557
Persistent link: https://www.econbiz.de/10012040799
Using the 2011 China Household Finance Survey (CHFS) database, we explore the heterogeneous impacts of social networks on informal financial inclusion for urban and rural households in the PRC. We find that social networks significantly increase the probability of households' participation in...
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