The DOI matches its Crossref record; 36 of the 36 references it cites were found in a registry or an index.
Why Are Saving Rates of Urban Households in China Rising?
Abstract
From 1995 to 2005, the average urban household savings rate in China rose by 7 percentage points, to about one-quarter of disposable income. Savings rates increased across all demographic groups, and the age profile of savings has an unusual pattern in recent years, with younger and older households having relatively high savings rates. We argue that these patterns are best explained by the rising private burden of expenditures on housing, education, and health care. These effects and precautionary motives may have been amplified by financial underdevelopment, including constraints on borrowing against future income and low returns on financial assets. (JEL D14, E21, O12, O18, P25, P36)
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Consumption Over the Life Cycle
Gourinchas, P., & Parker, J. A. (2002) · Econometrica · doi:10.1111/1468-0262.00269 · Cited by 1,769
Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
Carroll, C. D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555109 · Cited by 1,696
Saving and Liquidity Constraints
Deaton, A. (1991) · Econometrica · doi:10.2307/2938366 · Cited by 1,598
Saving and Liquidity Constraints
Deaton, A. (1989) · National Bureau of Economic Research · doi:10.3386/w3196 · Cited by 1,341
Saving, Growth, and Liquidity Constraints
Jappelli, T., & Pagano, M. (1994) · The Quarterly Journal of Economics · doi:10.2307/2118429 · Cited by 799
Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)
Deaton, A. (2005) · Review of Economics and Statistics · doi:10.1162/0034653053327612 · Cited by 673
The Chinese Saving Puzzle and the Life-Cycle Hypothesis
Modigliani, F., & Cao, S. L. (2004) · Journal of Economic Literature · doi:10.1257/.42.1.145 · Cited by 575
Saving and Growth: A Reinterpretation
Carroll, C. D., & Weil, D. N. (1993) · Carnegie-Rochester Conference Series on Public Policy · doi:10.1016/0167-2231(94)90006-x · Cited by 553
Habit Formation in Consumer Preferences: Evidence from Panel Data
Dynan, K. E. (2000) · American Economic Review · doi:10.1257/aer.90.3.391 · Cited by 464
Note on the Correlation of First Differences of Averages in a Random Chain
Working, H. (1960) · Econometrica · doi:10.2307/1907574 · Cited by 406
Research works printed but not linked: 6
- Attanasio Orazio P, 1995, American Economic Review, 85, 1118
- Deaton Angus S, 1994, D. Wise, 331
- Fuchs-Schündeln Nicola, 2005, Quarterly Journal of Economics, 120, 1085
- Modigliani Franco, 1970, W. A. Elits, M. F. Scott, and J. N. Wolfe, 197
- 10.1257/002205104773558074 · DOI · Paper page
- Rhee Wooheon, 2004, Journal of Economic Development, 29, 1
Cited by
Demographic Patterns and Household Saving in China
Curtis, C. C., Lugauer, S., & Mark, N. C. (2015) · American Economic Journal: Macroeconomics · doi:10.1257/mac.20130105 · Cited by 212
Fertility restrictions and life cycle outcomes: evidence from the one-child policy in China
Huang, W., Lei, X., & Sun, A. (2021) · The Review of Economics and Statistics · doi:10.1162/rest_a_00921 · Cited by 106
PENSION REFORM IN CHINA: CHALLENGES AND OPPORTUNITIES
Cai, Y., & Cheng, Y. (2014) · Journal of Economic Surveys · doi:10.1111/joes.12082 · Cited by 98
The One-Child Policy and Household Saving
Choukhmane, T., Coeurdacier, N., & Jin, K. (2023) · Journal of the European Economic Association · doi:10.1093/jeea/jvad001 · Cited by 63
Aggregate Fertility and Household Savings: A General Equilibrium Analysis using Micro Data
Banerjee, A., Meng, X., Porzio, T., & Qian, N. (2014) · doi:10.3386/w20050 · Cited by 57
Metadata
- Authors
- Chamon, M. D., & Prasad, E. S.
- Venue
- American Economic Journal: Macroeconomics
- Publisher
- American Economic Association
- Published
- 2010-01-01
- Volume
- 2
- Issue
- 1
- Pages
- 93-130
- ISSN
- 1945-7707
- 1945-7715
- Cited by
- 296
- References
- 36
- Language
- en
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
