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Cited by 296

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?

Chamon, Marcos D., Prasad, Eswar S.·2010·American Economic Journal: Macroeconomics
DOI 10.1257/mac.2.1.93
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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)

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Research works printed but not linked: 6

  1. Attanasio Orazio P, 1995, American Economic Review, 85, 1118
  2. Deaton Angus S, 1994, D. Wise, 331
  3. Fuchs-Schündeln Nicola, 2005, Quarterly Journal of Economics, 120, 1085
  4. Modigliani Franco, 1970, W. A. Elits, M. F. Scott, and J. N. Wolfe, 197
  5. 10.1257/002205104773558074 · DOI · Paper page
  6. Rhee Wooheon, 2004, Journal of Economic Development, 29, 1

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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
DOI
10.1257/mac.2.1.93
Cited by
296
References
36
Language
en

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