The Chinese Saving Puzzle and the Life|Cycle Hypothesis

The Chinese Saving Puzzle and the Life-Cycle Hypothesis

The Chinese Saving Puzzle and the Life-Cycle Hypothesis by Franco Modigliani and Shi Larry Cao. Published in volume 42, issue 1, pages 145-170 of Journal of ...

The Chinese Saving Puzzle and the Life-Cycle Hypothesis

Modigliani and Cao: The Chinese Saving Puzzle and the Life-Cycle Hypothesis. 149. TABLE 2. PENSION DEVELOPMENT IN CHINA: 1989–2000. Number of Employees. Number ...

The Chinese saving puzzle and the life-cycle hypothesis: A revaluation

Abstract. In a stimulating paper, Modigliani and Cao (2004) concluded that most of the huge increase in the household saving rate in China since 1975, the ' ...

The Chinese Saving Puzzle and the Life-Cycle Hypothesis

Modigliani and Cao: The Chinese Saving Puzzle and the Life-Cycle Hypothesis. 149. TABLE 2. PENSION DEVELOPMENT IN CHINA: 1989–2000. Number of Employees. Number ...

The Chinese saving puzzle and the life-cycle hypothesis: A revaluation

In this paper, we develop a structural model of household saving behavior based on the lifecycle hypothesis for the Chinese economy. We find that the life-cycle ...

The Chinese Saving Puzzle and the Life-Cycle Hypothesis

China's per capita income ranks below 100th in the world. Its saving rate, however, has been one of the highest worldwide in recent decades.

6: The Chinese Saving Puzzle and the Life-Cycle Hypothesis

Citation. Franco Modigliani, Shi Larry Cao, 2005. "The Chinese Saving Puzzle and the Life-Cycle Hypothesis", The Collected Papers of Franco Modigliani, Volume 6 ...

[PDF] The Chinese Saving Puzzle and the Life-Cycle Hypothesis

China's per capita income ranks below 100th in the world. Its saving rate, however, has been one of the highest worldwide in recent decades.

The Chinese saving puzzle and the life-cycle hypothesis: A revaluation

The Chinese saving puzzle and the life-cycle hypothesis : A revaluation ; DOI. https://doi.org/10.1016/j.chieco.2010.09.004. Final Published version. Check@ ...

The Chinese saving puzzle and the life-cycle hypothesis: A revaluation

; Chao, Chi-Chur; Laffargue, Jean-Pierre; Yu, Eden ;, ISSN: 1043-951X , 1873-7781; DOI: 10.1016/j.chieco.2010.09.004 ;, China economic review. , ...

Modigliani, F., & Cao, S. L. (2004) The Chinese Saving Puzzle and ...

Modigliani, F., & Cao, S. L. (2004) The Chinese Saving Puzzle and The Life-cycle Hypothesis. Journal of Economic Literature, 42, 145-170.

The Life-Cycle Hypothesis | Books Gateway - MIT Press Direct

Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data · The "Life-Cycle" Hypothesis of Saving: Aggregate Implications and Tests ...

Life Cycle Earnings and the Household Saving Puzzle in a Fast ...

In other words, the celebrated aggregation effect of Modigliani's life cycle hypothesis can be reinforced by the flattening of earnings profiles ...

28 China's high saving puzzle - Oxford Academic

At least three sets of related questions are important for understanding the high and rising Chinese saving puzzle. First, what are the key driving forces ...

The Collected Papers of Franco Modigliani

... life- cycle that is implied by the LCH. The sixth essay, “The Chinese Saving Puzzle and the Life Cycle Hypothesis,” written with Larry Cao ...

EXPLAINING THE SAVING PUZZLES IN URBAN CHINA

prediction of standard consumption theories, such as the Life Cycle Hypothesis ... Modigliani, Franco and Shi Larry Cao, “The Chinese Saving Puzzle and the Life- ...

China's high saving puzzle - EconStor

patterns implied by the life-cycle hypothesis. A flattened age-earning profile associated with structural changes in the Chinese labor market, serious gender.

EXPLAINING THE SAVING PUZZLES IN URBAN CHINA - 2012

Modigliani, Franco and Shi Larry Cao, “The Chinese Saving Puzzle and the Life-Cycle Hypothesis,” Journal of Economic Literature, 42(1), 145–70, ...

The Life Cycle Model and Household Savings - Conferences | NBER

Keywords: Savings, China's Saving Puzzle, Life-cycle Hypothesis, Demographic ... [19] Modigliani, Franco, and Shi Larry Cao, 2004, “The Chinese ...

China's High Saving Puzzle - IZA - Institute of Labor Economics

patterns implied by the life-cycle hypothesis. A flattened age-earning profile associated with structural changes in the Chinese labor market, serious gender.