Income Uncertainty and Household Savings in China /

China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U-shaped. We find that rising income uncertainty and pension reforms help explain both of these phenomena. Using a panel of Chinese households covering the period 1989-2006, we docume...

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Autor principal: Liu, Kai
Altres autors: Chamon, Marcos, Prasad, Eswar
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/289
Accés en línia:Full text available on IMF