Targets, interest rates, and household saving in urban China /
This paper studies a panel of China's provinces over the period 1996-2009 during which urban household saving rates increased from 19 percent of disposable income to 30 percent. It finds that the increase in urban saving rates is negatively associated with the decline in real interest rates ove...
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| Format: | Book |
| Language: | English |
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[Washington, D.C.] :
International Monetary Fund,
2011
Washington, D.C. : 2011 |
| Series: | IMF Working Papers ;
Working Paper No. 11/223 IMF Working Papers; Working Paper ; No. 2011/223 IMF eLibrary IMF working paper ; WP/11/223 |
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