"This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …'s utility enter into parent's utility where parents choose the consumption level of the young until they leave the household … the household saving rate"--National Bureau of Economic Research web site …

We employ a model of precautionary saving to study why household saving rates are so high in China and so low in the US …

This paper studies the effect that changing demographic patterns have had on the household saving rate in China. We …'s utility enter into parent's utility where parents choose the consumption level of the young until they leave the household … the household saving rate …