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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Liu, Kai
Muut tekijät: Chamon, Marcos, Prasad, Eswar
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2010.
Sarja:IMF Working Papers; Working Paper ; No. 2010/289
Linkit:Full text available on IMF