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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Chamon, Marcos
Weitere Verfasser: Prasad, Eswar
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/145
Online Zugang:Full text available on IMF