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...

Полное описание

Библиографические подробности
Главный автор: Chamon, Marcos
Другие авторы: Prasad, Eswar
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2008.
Серии:IMF Working Papers; Working Paper ; No. 2008/145
Online-ссылка:Full text available on IMF