A recent wave of economic research has studied the transformation of China from a poor
country in the 1970s to a middle-income economy today. Based on this literature, we discuss …

The domestic saving rate in China is the highest in the world and it surpasses the investment
share in GDP, which is also very high by international standards. This excessive saving …

This paper aims to evaluate the impact of 1998 Chinese health care reform on out-of-pocket
expenditure and on saving. Existing evidence on the results achieved by this reform in terms …

One-child policy has been accused of causing high saving rates in China, and this article
provides direct evidences for the economic impact of the two-child policy on savings. Using …

Worldwide, older people's support used to be the adult children's responsibility. In China,
two generations after introducing the one-child policy in the late 70-ies, this becomes an …

In our paper, we test how the social security system affects citizens' consumption behavior
through narrowing the income gap between residents with different social status and …

The Enduring Legacies of the Global Financial Crisis in East Asia challenges the
assumption that the global financial crisis had a limited structural impact on East Asian …

Never Too Old to Save - Explaining the High Saving Rates of the Chinese Elderly Page 1
Never Too Old to Save - Explaining the High Saving Rates of the Chinese Elderly Yi Chen Xi’An …

Domestic saving in China is the highest in the world in terms of GDP, even surpassing the
investment share, which is still very high by international standards. This excessive saving …

The present research aims to shed light on the effects of monetary policy on China's tourism
market development from 2004 to 2016. Monetary policy plays an increasingly important …