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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Bibliografiska uppgifter
Huvudupphovsman: Chamon, Marcos
Övriga upphovsmän: Prasad, Eswar
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/145
Länkar:Full text available on IMF