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, the adjusted household saving rate is the highest in at least the last forty years, despite the personal saving rate being …
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In the last decade, China's house prices have skyrocketed along with its continually rising household saving rate. Can … rising house prices be an important contributor to the increase in household saving rate? Using data from an urban household … survey in China, we find that, on average, local house prices do not significantly change household saving rate, regardless …
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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 …
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We study the effect of (declining) Confucian social norms on human capital investment and savings rates in China. In … Household Finance Survey, this paper adds to the current literature in several ways. First, we provide evidence to support the … intergenerational transfers from adult children to old-age parents. Second, we offer an alternative explanation for high household …
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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 …
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original one and a modified one with a high initial household savings rate. The results are compared with those of a static … models, the household savings rate is not constant, even in the BAU scenario. It is also responsive to changes in the rate of …In the vast majority of recursive dynamic CGE models, the savings rate is constant and exogenous. Intertemporal CGE …
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