The Chinese Saving Puzzle and the Life-Cycle Hypothesis
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منابع مشابه
The Chinese Saving Puzzle and the Life-Cycle Hypothesis (March 2004)
W today’s world economy plagued by recession and sluggish performance, China stands out with its sustained high growth, perhaps due to market-oriented economic reforms that began in 1978. The growth has been accompanied by an explosion in China’s household saving ratio, which has reached an impressive level in recent years, just when there has been a worldwide reduction in the private saving ra...
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تاریخ انتشار 2004