Holdings: 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 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...

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Main Author:	Chamon, Marcos (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C International Monetary Fund 2008
Series:	IMF Working Papers Working Paper No. 08/145
Online Access:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Summary:	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
Physical Description:	1 Online-Ressource (49 p)
ISBN:	1451870035 9781451870039

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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
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