Showing 1 - 10 of 319,981
This paper investigates the impact of public employment on household saving rates in China using representative … household-level data. After controlling for a series of variables such as income, risk attitude, financial literacy, and … to a better understanding of Chinese household saving rates, which is of great importance given their extremely high …
Persistent link: https://www.econbiz.de/10013187718
China's urban household saving rate has increased markedly since the mid-1990s, accompanied by a dramatic increase in … China, which reformed the nationwide employer-based public housing system in 1998. This reform created an exogenous … variation in housing demand among urban households. Using a difference-in-differences estimation strategy, we find evidence that …
Persistent link: https://www.econbiz.de/10013295206
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 …
Persistent link: https://www.econbiz.de/10014485520
This paper examines whether the determinants of household saving have changed over time and whether they are the same … specifications still perform strik ingly well and can explain the recent changes in household saving rates. As for the cross country … well to individual country samples. We found that household saving is still very sensitive to changes in inflation and real …
Persistent link: https://www.econbiz.de/10013272751
across states shows that the rise in top income shares can explain almost all of the accumulation of household debt held as a … financial asset by the household sector. Since the Great Recession, the saving glut of the rich has been financing government …
Persistent link: https://www.econbiz.de/10012197559
The article quantifies the contributions made by different household groups to the change in the aggregate household … labour market deterioration – the findings show that certain household groups reduced their expenditure over the course of …
Persistent link: https://www.econbiz.de/10012857805
concentration of household savings in Germany by estimating saving amounts, saving rates and shares in aggregate savings for … apparent. Over the years 2003 till 2013 we find an increase of the concentration of household savings across the income and … rates as input parameters for a macro simulation of the distribution of household incomes and savings we find that the …
Persistent link: https://www.econbiz.de/10011575021
This paper estimates a household saving rate equation for India and the Republic of Korea using longterm time series … data for the 1975-2010 period, focusing in particular on the impact of the premarital sex ratio on the household saving … to females) has a significant impact on the household saving rate in both India and the Republic of Korea, even after …
Persistent link: https://www.econbiz.de/10011579569
wealth assessment methodology in 2010 led to geographic discontinuities in household exposure to wealth taxes, along both the … imply that income effects may dominate substitution effects in household responses to rate of return shocks, which has …
Persistent link: https://www.econbiz.de/10013214060
We exploit exogenous variation from a pension reform in Denmark to estimate the effect of tax subsidies on total private saving. We present new evidence on individuals in the middle of the income distribution and show that a reduction in tax subsidies for retirement saving reduces total private...
Persistent link: https://www.econbiz.de/10014236722