Series: IMF Working Papers
Author(s): Emanuele Baldacci , Ding Ding , David Coady , Giovanni Callegari , Pietro Tommasino , Jaejoon Woo , and Manmohan Kumar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2010
Keywords: China, household savings, social expenditure, generational accounting, expenditures, household consumption, expenditure, social expenditures, consumption impact
This paper shows that increasing government social expenditures can make a substantive contribution to increasing household consumption in China. The paper first undertakes an empirical study of the relationship be...