-- Household debts -- Insurance and social welfare -- Expenditure and income -- Household wealth. … questions. The Survey and Research Center for China Household Finance conducted the first and only nationally representative … survey on household finance in China in 2011. The China Household Finance Survey (CHFS) collected the micro-level information …

on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … have access only to a risk‐free asset compared to when we account for the fact that much of their wealth is stored in … achieve high replacement rates out of lifetime average income-a more sensible summary measure of preparedness for retirement. …

-cycle. Large persistent positive shocks early in life generate large wealth holdings for the top one percent of workers in an …