BIS Working Papers No 312 China ’ s high saving rate : myth and reality

@inproceedings{Ma2010BISWP,
  title={BIS Working Papers No 312 China ’ s high saving rate : myth and reality},
  author={Guonan Ma and Wang Yi},
  year={2010}
}
The saving rate of China is high from many perspectives – historical experience, international standards and the predictions of economic models. Furthermore, the average saving rate has been rising over time, with much of the increase taking place in the 2000s, so that the aggregate marginal propensity to save exceeds 50%. What really sets China apart from the rest of the world is that the rising aggregate saving has reflected high savings rates in all three sectors – corporate, household and… CONTINUE READING

References

Publications referenced by this paper.
Showing 1-10 of 55 references

Determinants of China’s private consumption: an international perspective

  • K Guo, P N’Diaye
  • IMF Working Paper,
  • 2010
2 Excerpts

Life cycle earnings and the Chinese household saving puzzle in a fast-growing economy”, draft mimeo

  • Z Song, D Yang
  • 2010
3 Excerpts

Providing greater old-age security in China

  • R Herd, Y Hu, V Koen
  • OECD Economics Working Papers,
  • 2010
1 Excerpt

Who has financed the employer-provided pension in China?: a triple-track story

  • Z Li, M Wu
  • 2010
1 Excerpt

China’s current account and exchange rate”, China's Growing Role in World Trade, pp. 231–271, edited by Robert Feenstra and Shing-Jin Wei, University of Chicago Press for NBER

  • Y Cheung, M Chinn, E Fujii
  • 2009
1 Excerpt

Similar Papers

Loading similar papers…