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Targets, Interest Rates, and Household Saving in Urban China

Targets, Interest Rates, and Household Saving in Urban China »

Source: Targets, Interest Rates, and Household Saving in Urban China

Volume/Issue: 2011/223

Series: IMF Working Papers

Author(s): Malhar Nabar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

ISBN: 9781463904258

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...

Targets, Interest Rates, and Household Saving in Urban China

Targets, Interest Rates, and Household Saving in Urban China »

Volume/Issue: 2011/223

Series: IMF Working Papers

Author(s): Malhar Nabar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

DOI: http://dx.doi.org/10.5089/9781463904258.001

ISBN: 9781463904258

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...