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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Detalhes bibliográficos
Autor principal: Chamon, Marcos
Outros Autores: Prasad, Eswar
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2008.
Colecção:IMF Working Papers; Working Paper ; No. 2008/145
Acesso em linha:Full text available on IMF