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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 …
Persistent link: https://www.econbiz.de/10012796301
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/10013289689
A number of economists argue that household deleveraging can exert a significant drag on the economic recovery by … household saving rates and changes in debt-to-income ratios. This relationship is however asymmetric, being statistically and … adjustment in saving rates associated with household deleveraging may widely differ across countries and may be overestimated for …
Persistent link: https://www.econbiz.de/10013034205
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
Persistent link: https://www.econbiz.de/10012699615
Persistent link: https://www.econbiz.de/10009780038
-income households were slightly more affected than others due to their consumption patterns. The savings rate also depends on employment … or more of their income. On average, every household saved a good 17 percent of their income in 2013. …
Persistent link: https://www.econbiz.de/10011812714
Persistent link: https://www.econbiz.de/10012507879
Persistent link: https://www.econbiz.de/10011799675
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 …
Persistent link: https://www.econbiz.de/10013306732