China's High Saving Puzzle
AbstractThis paper analyzes the causes of rising savings rates for the corporate, government, and household sectors, which have jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the Chinese economy are also explored.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 7223.
Length: 11 pages
Date of creation: Feb 2013
Date of revision:
Publication status: forthcoming in: Oxford Companion to the Economics of China
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Find related papers by JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Yang, Dennis T., 2012.
"Aggregate Savings and External Imbalances in China,"
IZA Discussion Papers
6964, Institute for the Study of Labor (IZA).
- Dennis Tao Yang, 2012. "Aggregate Savings and External Imbalances in China," Journal of Economic Perspectives, American Economic Association, vol. 26(4), pages 125-46, Fall.
- Guonan Ma & Wang Yi, 2010.
"China’s High Saving Rate: Myth and Reality,"
CEPII research center, issue 122, pages 5-40.
- Dreger, Christian & Wang, Tongsan & Zhang, Yanqun, 2013.
"Understanding Chinese consumption: The impact of hukou,"
343, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
- Dreger, Christian & Wang, Tongsan & Zhang, Yanqun, 2013. "Understanding Chinese Consumption: The Impact of Hukou," IZA Discussion Papers 7819, Institute for the Study of Labor (IZA).
- Dreger, Christian & Wang, Tongsan & Zhang, Yanqun, 2014. "Understanding Chinese consumption: The impact of hukou," BOFIT Discussion Papers 7/2014, Bank of Finland, Institute for Economies in Transition.
- Christian Dreger & Tongsan Wang & Yanqun Zhang, 2013. "Understanding Chinese Consumption: The Impact of Hukou," Discussion Papers of DIW Berlin 1341, DIW Berlin, German Institute for Economic Research.
- Dennis Tao Yang & Junsen Zhang & Shaojie Zhou, 2010.
"Why are Saving Rates so High in China?,"
312010, Hong Kong Institute for Monetary Research.
- Yang, Dennis T. & Zhang, Junsen & Zhou, Shaojie, 2011. "Why Are Saving Rates So High in China?," IZA Discussion Papers 5465, Institute for the Study of Labor (IZA).
- Dennis Tao Yang & Junsen Zhang & Shaojie Zhou, 2011. "Why Are Saving Rates so High in China?," NBER Working Papers 16771, National Bureau of Economic Research, Inc.
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