critical for understanding the relationship between aggregate fertility and household savings. First, we document that parents … aggregate fertility on household savings … household savings. Then, we construct an OLG model that parametrically matches the PE empirical evidence. Finally, we extend the …

China's high household savings rate has attracted great academic interest but remains a puzzle. Potential explanations … include demographic, policy, and financial causes. Yet a lack of reliable microlevel data on household finances makes it … primary causes of high levels of savings among Chinese households …

critical for understanding the relationship between aggregate fertility and household savings. First, we document that parents … aggregate fertility on household savings … household savings. Then, we construct an OLG model that parametrically matches the PE empirical evidence. Finally, we extend the …

This paper tests the effects of fertility on household structure and parental labor supply in rural China. To solve the … ordinary least squares estimates show a negative correlation between fertility and parental labor supply. Using twinning as a … natural experiment, we do not find evidence on the negative effects of fertility on parental labor supply. By contrast, we …