Series: IMF Working Papers
Author(s): Malhar Nabar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2011
Keywords: Household Saving, Target Savings, Financial Liberalization, real interest rate, real interest rates, disposable income, inflation,
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...