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China's High Savings Rate Puzzle


Precautionary Saving and Chinese-Canadians - arXiv

extremely high household saving rates in all Chinese-language jurisdictions—and convenience, as their relatively large presence in Canada allows us to obtain a ...

The Feldstein-Horioka fact - European Central Bank

Domestic saving and investment rates are highly correlated both within and between OECD countries: in years when and countries where saving is high, so is ...

Understanding China's Rising Saving Rate: The Role of Higher ...

Substantial empirical studies show that households in China have strong precautionary saving motive; however, few studies explore the microfoundation and ...

Covid-Era Savings Are Crucial to China's Economic Recovery

Chinese families, constrained by Covid lockdowns, hoarded cash and pushed up the country's household saving rate to a multiyear high of 33% in 2022. Economists ...

Chinese Household Savings Hit Another Record High - WSJ

That's how much Chinese households had stashed away in savings by the end of 2023, hitting yet another record high, data from the People's ...

Europe's growth rebound hinges on savings puzzle - Reuters

Interest rates are falling, so commercial banks will cut term deposit rates, encouraging some savers to spend. Sentiment gauges also show a ...

Evidence from Rising Sex Ratios and Savings Rates in China ... - jstor

This paper proposes a competitive saving motive to explain China's high household savings rate. ... “The Chinese Saving Puzzle and the Life Cycle Hypothesis.” J.

Demographic Patterns and Household Saving in China

“China's High Saving Rate: Myth and Reality,” BIS. Working Paper ... “The Chinese Saving Puzzle and the Life-Cycle. Hypothesis,” Journal ...

Is China in a High-Tech, Low-Productivity Trap?

This factor, a rising ICOR (incremental capital output ratio),12 and sluggish productivity, began inhibiting China's economic growth, as shown ...

The Long-run Relationship between Savings and Investment in ...

The paper finds that household savings while high, do not explain China's high savings rate as a whole. ... puzzle, capital mobility; language: English; id ...

The Determinants of Household Saving in China: A Dynamic Panel ...

China's population can explain not only the high level of China's household saving rate ... (2004) “The Chinese Saving Puzzle and the. Life-Cycle Hypothesis ...

ECONOMICS REAL EXCHANGE RATE DETERMINATION AND ...

"The Chinese corporate savings puzzle: a firm ... "China's high saving rate: myth and reality", International ... Efflux on the financial/capital account (high ...

COMPARABLE HOUSEHOLD SAVING RATES FOR CHINA AND ...

depress household savings to some extent. Third, the high rate of saving in China is related closely to discussions on the issue of global imbalances, because ...

China's Economic Growth in Retrospect - Brookings Institution

high saving rates have caught international attention. For China's savings to cause global trade imbalances, China has to run a large current account.

The Feldstein-Horioka Puzzle in the Presence of Structural Breaks

rates (Yang, 2012). Historically, China has high saving rates such that prior to the economic reforms domestic savings as a percentage of ...

China's economic paradox, investors' puzzle

It has even prompted some to doubt if China is still investible. Arguably, a large part of the problem of weak growth is cyclical (see “Is China ...

Revisiting exchange rate puzzles - Bank for International Settlements

The third, uncovered interest rate parity puzzle can be illustrated in the well ... the high volatility of real exchange rates might be explained in a ...

The Puzzle of Growth | Marginal Revolution University

China did not begin to take off as an economic powerhouse until farmers were allowed to keep the product of their efforts. As one Chinese farmer observed, "You ...

Evidence from Rising Sex Ratios and Savings Rates in China ...

The high and rising household savings rate in China is not easily reconciled with the traditional explanations that emphasize life cycle factors, ...

The Chinese Saving Rate: Productivity, Old-Age Support, and ...

“China's high saving rate: myth and reality.” Bank for International ... “The Chinese savings puzzle and the life cycle analysis ...