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"This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …'s utility enter into parent's utility where parents choose the consumption level of the young until they leave the household … the household saving rate"--National Bureau of Economic Research web site …
Persistent link: https://www.econbiz.de/10008934201
This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …'s utility enter into parent's utility where parents choose the consumption level of the young until they leave the household … the household saving rate …
Persistent link: https://www.econbiz.de/10013129127
This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …'s utility enter into parent's utility where parents choose the consumption level of the young until they leave the household … the household saving rate …
Persistent link: https://www.econbiz.de/10012461829
reconcile with the Chinese experience. In China, saving is a family affair. This paper constructs a model of household saving … generations of households altogether. Optimal saving is a function of the household's lifetime income, gifts and bequests, and the … consumption smoothing in China …
Persistent link: https://www.econbiz.de/10013015925
structural changes on the rise in household saving in China. Variations in fines across provinces on unauthorized births under … investigated in the context of household saving decisions in China …Using combined data from population censuses and Urban Household Surveys, we study the effects of demographic …
Persistent link: https://www.econbiz.de/10013096769
savings and in per capita output growth in China since the mid-1970s. The demographic changes come from reductions in the …We examine the role of demographics and changing industrial policies in ac- counting for the rapid rise in household … policies both contributed to in- creases in savings and output growth but with differing intensities and at different horizons …
Persistent link: https://www.econbiz.de/10012058934
Shidu parents in two counties of central China, whose only child dies for exogenous reasons and the mother can no longer … give birth for various reasons. Second, we construct a dynastic model of consumption and savings decisions in the presence … Shidu savings differential, while the lack of familial insurance among Shidu parents amounts to only about 10%. A different …
Persistent link: https://www.econbiz.de/10013307953
an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …
Persistent link: https://www.econbiz.de/10012202943