Why are saving rates of urban households in China rising?

Why are saving rates of urban households in China rising? / prepared by Marcos Chamon and Eswar Prasad.

Paper examines savings rates in urban China from 1995 to 2005. In this period the average urban household saving rate in China rose by 7 percentage points, to a quarter of disposable income. Saving rates increased across all demographic groups, although the saving rates are highest among the younges...

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Bibliographic Details
Main Authors: Chamon, Marcos (Author), Prasad, Eswar S., 1965- (Author)
Corporate Author: International Monetary Fund. Research Department
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, Research Dept., 2008.
©2008
Series:IMF working paper ; WP/08/145.
Subjects:
Since 1976
Saving and investment > China > Econometric models.
Households > Economic aspects > China > Econometric models.
Economic history
Households > Economic aspects > Econometric models
Saving and investment > Econometric models
China > Economic conditions > 1976-2000 > Econometric models.
China > Economic conditions > 2000- > Econometric models.
China
Online Access:Click for online access
Description
Summary:Paper examines savings rates in urban China from 1995 to 2005. In this period the average urban household saving rate in China rose by 7 percentage points, to a quarter of disposable income. Saving rates increased across all demographic groups, although the saving rates are highest among the youngest and oldest households. The authors attribute these patterns to the rising private burden of expenditures on housing, education, and health care.
Physical Description:1 online resource (49 pages) : illustrations.
Bibliography:Includes bibliographical references (pages 48-49).
Source of Description, Etc. Note:Print version record.

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