Why are Saving Rates of Urban Households in China Rising?

Why are Saving Rates of Urban Households in China Rising?
From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to of disposable income. We use household-level data to explain the postponing of consumption despite rapid income growth. Tracing cohorts over time indicates virtually no consumption smoothing over the life cycle. Saving rates have increased across... READ MORE...

Publication date: June 2008
ISBN 9781451870039
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: June 2008

PDF

Publication date: June 2008

ePub

Publication date: June 2008

Mobi

Publication date: June 2008

English