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 1⁄4 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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2008
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 08/145 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | 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 income growth. Tracing cohorts over time indicates virtually no consumption smoothing over the life cycle. Saving rates have increased across all demographic groups, although the age-profile of savings has an unusual U-shaped pattern, with saving rates being the highest among the youngest and oldest households in recent years. These patterns are best explained by the rising private burden of expenditures on housing, education, and health care |
| Beschreibung: | 1 Online-Ressource (49 p) |
| ISBN: | 1451870035 9781451870039 |
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| index_date | 2024-07-03T20:13:26Z |
| indexdate | 2024-07-10T09:35:34Z |
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| spelling | Chamon, Marcos Verfasser aut Why Are Saving Rates of Urban Households in China Rising? Chamon, Marcos Washington, D.C International Monetary Fund 2008 1 Online-Ressource (49 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/145 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 income growth. Tracing cohorts over time indicates virtually no consumption smoothing over the life cycle. Saving rates have increased across all demographic groups, although the age-profile of savings has an unusual U-shaped pattern, with saving rates being the highest among the youngest and oldest households in recent years. These patterns are best explained by the rising private burden of expenditures on housing, education, and health care Online-Ausg Prasad, Eswar Sonstige oth http://elibrary.imf.org/view/IMF001/09319-9781451870039/09319-9781451870039/09319-9781451870039.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Chamon, Marcos Why Are Saving Rates of Urban Households in China Rising? |
| title | Why Are Saving Rates of Urban Households in China Rising? |
| title_auth | Why Are Saving Rates of Urban Households in China Rising? |
| title_exact_search | Why Are Saving Rates of Urban Households in China Rising? |
| title_exact_search_txtP | Why Are Saving Rates of Urban Households in China Rising? |
| title_full | Why Are Saving Rates of Urban Households in China Rising? Chamon, Marcos |
| title_fullStr | Why Are Saving Rates of Urban Households in China Rising? Chamon, Marcos |
| title_full_unstemmed | Why Are Saving Rates of Urban Households in China Rising? Chamon, Marcos |
| title_short | Why Are Saving Rates of Urban Households in China Rising? |
| title_sort | why are saving rates of urban households in china rising |
| url | http://elibrary.imf.org/view/IMF001/09319-9781451870039/09319-9781451870039/09319-9781451870039.xml |
| work_keys_str_mv | AT chamonmarcos whyaresavingratesofurbanhouseholdsinchinarising AT prasadeswar whyaresavingratesofurbanhouseholdsinchinarising |