Showing 121 - 130 of 181,939
structural changes on the rise in household saving in China. Variations in fines across provinces on unauthorized births under … investigated in the context of household saving decisions in China …Using combined data from population censuses and Urban Household Surveys, we study the effects of demographic …
Persistent link: https://www.econbiz.de/10013096769
In the last decade, China's house prices have skyrocketed along with its continually rising household saving rate. Can … survey in China, we find that, on average, local house prices do not significantly change household saving rate, regardless … rising house prices be an important contributor to the increase in household saving rate? Using data from an urban household …
Persistent link: https://www.econbiz.de/10013082397
accumulation which in turn has been the primary driver of China's economic growth. We review the evidence on Chinese household …The saving rate in China is high by historical and international norms. The high saving rate has funded capital …
Persistent link: https://www.econbiz.de/10013085387
aggregate household saving rates in Japan, China, and India. The observed age distributions help explain the contrasting saving … lower household saving rates in Japan and China …We present a model of household life-cycle saving decisions in order to quantify the impact of demographic changes on …
Persistent link: https://www.econbiz.de/10013015546
reconcile with the Chinese experience. In China, saving is a family affair. This paper constructs a model of household saving … generations of households altogether. Optimal saving is a function of the household's lifetime income, gifts and bequests, and the … consumption smoothing in China …
Persistent link: https://www.econbiz.de/10013015925
China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … that rising income uncertainty and pension reforms can account for over half of the increase in the urban household savings … accompanied by a substantial increase in income uncertainty. Interestingly, the permanent variance of household income remains …
Persistent link: https://www.econbiz.de/10013038407
male-to-female ratio in the pre-marital cohort explains 60 percent of the rise of China's aggregate household savings rate … calibration, we find that with the option to postpone marriage, the response of the aggregate savings rate to the rising sex ratio … is dampened by 45 percent. Moreover, the model generates an unusual downward-sloping age-savings rate profile with young …
Persistent link: https://www.econbiz.de/10012840825
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 …
Persistent link: https://www.econbiz.de/10012778166
We study the effect of (declining) Confucian social norms on human capital investment and savings rates in China. In … savings in China. In addition to the One Child Policy and the gender imbalance-induced pressure to save more, the lack of … financial development and the declining influence of Confucianism are also significant contributors to China's rising savings …
Persistent link: https://www.econbiz.de/10012953002
Expanding from Veblen's conspicuous consumption theory, this paper provides new explanations on China's household … a greater degree of openness all depress household saving, likely through higher conspicuous consumption. This result is …
Persistent link: https://www.econbiz.de/10012953179