Targets, Interest Rates, and Household Saving in Urban China /
This paper studies a panel of China's provinces over the period 1996-2009 during which urban household saving rates increased from 19 percent of disposable income to 30 percent. It finds that the increase in urban saving rates is negatively associated with the decline in real interest rates ove...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2011.
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Серія: | IMF Working Papers; Working Paper ;
No. 2011/223 |
Онлайн доступ: | Full text available on IMF |