We created experimental variation across local markets in China in the share of firms having access to a new loan …

different cities within China, this paper investigates the contributing factors to China's rising export sophistication … the increased overlap between China's export structure and that of high-income countries. Instead, improvement in human …

We argue that the demographic changes caused by the one child policy (OCP) may not harm China's long-term growth. This … attributes to the higher human capital induced by the intergenerational transfer arrangement under China's poor … of schooling rather than 8.1). Our model sheds new light on the prospects of China's long-term growth by emphasizing the …

China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …

China's high household savings rate has attracted great academic interest but remains a puzzle. Potential explanations … include demographic, policy, and financial causes. Yet a lack of reliable microlevel data on household finances makes it …

household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …-2008. Using data from the Flow of Funds Accounts (FFA) and Urban Household Surveys (UHS) supplemented by the findings from … existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and …

China's household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … accompanied by a substantial increase in income uncertainty. Interestingly, the permanent variance of household income remains … that rising income uncertainty and pension reforms can account for over half of the increase in the urban household savings …

From 1995 to 2005, the average urban household saving rate in China rose by 7 percentage points, to about one quarter … of disposable income. We use household-level data to explain why households are postponing consumption despite rapid …

In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a … life cycle model and panel data on Chinese provinces for the 1995-2004 period from China?s household survey. We find that … China?s household saving rate has been high and rising and that the main determinants of variations over time and over space …