The Determinants of Chinese Household Saving During 1978|2012

The Determinants of Chinese Household Saving During 1978-2012

Why does a lower per-capita income country, China, have the highest saving rate in the world? This research project focuses on how China's household saving.

The Determinants of Chinese Household Saving During 1978-2012

Based China's household saving rate changes from 1953-2000 by using the framework of the life-cycle hypothesis, Modigliani concluded that the rate of growth ...

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

determinants of the saving rates of rural and urban households during the 1978-83 and. 1984-89 periods and finds that, in the case of rural households, future ...

(PDF) Determinants of Household Saving in China - ResearchGate

Estimates of the age profile of savings show that young households tend to have relatively high saving rates, possibly in order to build a buffer stock of ...

The Determinants of The Chinese Household Savings Rate1

We first demonstrate that many stylized facts about household financial behavior in developed economies are mirrored among households in China.

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

We find that China's household saving rate has been high and rising and that the main determinants of variations over time and over space therein are the lagged ...

Why Do Chinese Households Save So Much1 - NYU Wagner

compared to 18 percent in 1978), the urban household savings rate and its determinants have become increasingly indicative for the total ...

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

Horioka and Wan (2007) , based on the fact that the savings rate is high and increasing in the Chinese economy, identified the main determinants of savings as ...

Chinese household saving and dependent children: Theory and ...

The model implies a negative relationship between the number of dependent children in the family and the household saving rate. Then, we test the model's ...

Demographic Patterns and Household Saving in China

The pattern of income growth and demographics (low income growth, large families, relatively few working age before 1978 and the reversal after 1978) seen in ...

Household Saving in China - World Bank Documents and Reports

Since it took the first steps toward economic reform in 1978, China's gross national saving rate has averaged 37 percent of gross national product (GNP), and ...

Why do Chinese households save so much? - CEPR

We find that the main determinants of China's household savings rate are disposable income (measured by its reciprocal) and the old-age dependency rate.

Demographic Patterns and Household Saving in China∗

Then starting in 1978, the saving rate began to rise. The timing of this change in saving behavior coincides with the beginning of an equally dramatic ...

Determinants of household saving in China | Record - DigitalNZ

Previous studies of household saving in China (for example: Qian, 1988, Feltenstein et al, 1990, and Wakabayashi and Mackellar, 1999) have usually relied upon ...

Households savings in China - Banca d'Italia

All these factors might have contributed to the sharp rise of Chinese savings from around. 5% of disposable income before 1978 to almost 40% in 2009. In a ...

What Influenced Household Savings Rate in China? - Atlantis Press

By the end of 2013, the number of Chinese households saving deposit has achieved 45 trillion RMB. Comparing with the previous year 2012, the household deposits ...

Targets, Interest Rates, and Household Saving in Urban China

panel covering the period 1978–2006 and a sample drawn from the 2002 Chinese Household ... “The Determinants of Household Saving in China: A.

The expansion of higher education and household saving in China

Thus, we examine evidence for an unintended consequence of the expansion: an increase in the rate of household savings. China's household saving rate has ...

Aggregate Savings and External Imbalances in China

My explanations first focus on an array of factors that encouraged saving across the corporate, government, and household sectors, such as policies that ...

Why Is China's Saving Rate So High? A Comparative Study of Cross ...

Table 5 Determinants of National Saving in China and OECD. (Annual ... Kraay, Aart (2000), “Household Saving in China,” World Bank Economic Review, vol.