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savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has …
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savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has …
Persistent link: https://www.econbiz.de/10012830417
savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has …
Persistent link: https://www.econbiz.de/10012481470
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Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on its transmission mechanism and on comparing the consumption response of urban and rural households, especially in China, is limited. In this paper, we propose two channels...
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structural surplus of private savings in relation to private investment. On the one hand, this excess saving is due to people …
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