Precautionary Saving of Chinese and U.S. Households
收藏NBER2014-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20527
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资源简介：
We employ a model of precautionary saving to study why household saving rates are so high in China and so low in the US. The use of recursive preferences gives a convenient decomposition of saving into precautionary and non precautionary components. This decomposition indicates that over 80 percent
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美国国家经济研究局创建时间：
2014-09-01
