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Why are Saving Rates of Urban Households in China Rising?

Why are Saving Rates of Urban Households in China Rising? »

Source: Why are Saving Rates of Urban Households in China Rising?

Volume/Issue: 2008/145

Series: IMF Working Papers

Author(s): Marcos Chamon , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870039

Keywords: household savings, age and cohort profiles of savings, borrowing constraints, precautionary savings financial development, demographics, expenditures, income growth, consumption growth, health expenditures, disposable income,

From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to 1/4 of disposable income. We use household-level data to explain the postponing of consumption despite rapid incom...

Why are Saving Rates of Urban Households in China Rising?

Why are Saving Rates of Urban Households in China Rising? »

Volume/Issue: 2008/145

Series: IMF Working Papers

Author(s): Marcos Chamon , and Eswar Prasad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

DOI: http://dx.doi.org/10.5089/9781451870039.001

ISBN: 9781451870039

Keywords: household savings, age and cohort profiles of savings, borrowing constraints, precautionary savings financial development, demographics, expenditures, income growth, consumption growth, health expenditures, disposable income,

From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to 1/4 of disposable income. We use household-level data to explain the postponing of consumption despite rapid incom...