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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...
Persistent link: https://www.econbiz.de/10010332228
In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing Asia have, in general, been high and rising but that there...
Persistent link: https://www.econbiz.de/10010332273
China, as the most populous country in the world, is ageing rapidly. Against the background of dramatic demographic changes in this century, China’s current pension system is badly structured, and not able to cope with the rapid ageing population. The Chinese government is well aware of...
Persistent link: https://www.econbiz.de/10005487668
literature. Going further, we simulate global savings behavior based on our framework and find that China’s demographics should …
Persistent link: https://www.econbiz.de/10011142029
China, a low income country about the same geographic size as the US and with over four times the population, has had persistent rapid growth that averaged 9.6 percent per year since reform began in 1979. On a per capita basis, real GDP is eight times larger than it was 26 years earlier!...
Persistent link: https://www.econbiz.de/10010761895
In this paper, we present data on trends over time in domestic saving rates in twelve economies in Developing Asia during the 1966–2007 period and analyze the determinants of these trends. We find that domestic saving rates in Developing Asia have, in general, been high and rising but that...
Persistent link: https://www.econbiz.de/10010577665
Purpose – The purpose of this paper is to explore the relationships among job and career satisfactions, work commitment, and turnover intentions for the Post‐80 employees in China. Design/methodology/approach – A total of 290 of China's Post‐80 employees from 19 knowledge‐intensive...
Persistent link: https://www.econbiz.de/10014848098