according to the age at which these are claimed, open up a complex set of financial options for household decisions. These rules … influence optimal household asset allocation, insurance, and work decisions, subject to life cycle demographic shocks, such as …

In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a … life cycle model and panel data on Chinese provinces for the 1995-2004 period from China’s household survey. We find that … China’s household saving rate has been high and rising and that the main determinants of variations over time and over space …