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Income Uncertainty and Household Savings in China

Income Uncertainty and Household Savings in China »

Source: Income Uncertainty and Household Savings in China

Volume/Issue: 2010/289

Series: IMF Working Papers

Author(s): Kai Liu , Marcos Chamon , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455211708

Keywords: household savings, income uncertainty, buffer-stock savings, pension, pension reform, retirement, survey, calibration,

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 phenom...

Income Uncertainty and Household Savings in China

Income Uncertainty and Household Savings in China »

Volume/Issue: 2010/289

Series: IMF Working Papers

Author(s): Kai Liu , Marcos Chamon , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

DOI: http://dx.doi.org/10.5089/9781455211708.001

ISBN: 9781455211708

Keywords: household savings, income uncertainty, buffer-stock savings, pension, pension reform, retirement, survey, calibration,

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 phenom...