| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29856 |
| 来源ID | Working Paper 29856 |
| Fertility and Savings: The Effect of China\u2019s Two-Child Policy on Household Savings | |
| Scott R. Baker; Efraim Benmelech; Zhishu Yang; Qi Zhang | |
| 发表日期 | 2022-03-21 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | China’s high household savings rate has attracted great academic interest but remains a puzzle. Potential explanations include demographic, policy, and financial causes. Yet a lack of reliable microlevel data on household finances makes it difficult to assess the relative importance of each factor. This paper uses individual income and spending transactions linked to demographic characteristics and financial information on loan applications and credit availability from a large Chinese bank in Inner Mongolia. We match a large subset of bank customers to administrative records covering marriage and births and obtain a unique view into consumption and saving patterns around important life events. Our results point toward identifying income growth, financial instability, and credit access, rather than such directives as the one-child policy, as the primary causes of high levels of savings among Chinese households. |
| 主题 | Microeconomics ; Households and Firms ; Market Structure and Distribution ; Macroeconomics ; Consumption and Investment ; Financial Economics |
| URL | https://www.nber.org/papers/w29856 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587527 |
| 推荐引用方式 GB/T 7714 | Scott R. Baker,Efraim Benmelech,Zhishu Yang,et al. Fertility and Savings: The Effect of China\u2019s Two-Child Policy on Household Savings. 2022. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29856.pdf（2422KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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