Co-residence, Life-Cycle Savings and Inter-generational Support in Urban China
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We use unique data characterizing individual savings for twins and non-twins in urban China to examine why the savings rates of the young are elevated relative to the middle-aged, despite rising individual life-cycle incomes. We show that inter-generational co-residence masks the true life-cycle
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美国国家经济研究局创建时间：
2014-04-01
