Why are Saving Rates of Urban Households in China Rising? /
From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to u of disposable income. We use household-level data to explain the postponing of consumption despite rapid income growth. Tracing cohorts over time indicates virtually no consumption smoothing over th...
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| Natura: | Periodico |
| Lingua: | English |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2008/145 |
| Accesso online: | Full text available on IMF |