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China's urban household saving rate has increased markedly since the mid-1990s, accompanied by a dramatic increase in … the reform increased household saving rates during the reform period (1998-2001) by shifting the cost of housing services … from the state to households. We also provide evidence that suggests that the 1998 housing reform affects household saving …
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Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …
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Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the … the savings position plays a crucial role, as the effects are especially pronounced for households that experienced a … decline in savings. This result contradicts a prediction from the life-cycle permanent income model with borrowing constraints …
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