Income Uncertainty and Household Savings in China /

China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U-shaped. We find that rising income uncertainty and pension reforms help explain both of these phenomena. Using a panel of Chinese households covering the period 1989-2006, we docume...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Liu, Kai
Weitere Verfasser: Chamon, Marcos, Prasad, Eswar
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2010.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2010/289
Online Zugang:Full text available on IMF