Arbeitspapier
Population policies, demographic structural changes, and the Chinese household saving puzzle
Using combined data from population censuses and Urban Household Surveys, we study the effects of demographic structural changes on the rise in household saving in China. Variations in fines across provinces on unauthorized births under the one-child policy and in cohort-specific fertility influenced by the implementation of population control policies are exploited to facilitate identification. We find evidence that older households with a reduced number of adult children save more because of old-age security concerns, middle-aged households experience an increase in saving due to the lighter burden of dependent children, and younger households save more because of having fewer siblings to share the responsibility of parental care. These findings lend support to a simple economic model in which the effects of population control policies are investigated in the context of household saving decisions in China.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 7026
- Klassifikation
-
Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
Demographic Trends, Macroeconomic Effects, and Forecasts
Fertility; Family Planning; Child Care; Children; Youth
- Thema
-
household saving
one-child policy
demographic structure
cohort analysis
China
Sparen
Privater Haushalt
Familienplanung
Bevölkerungspolitik
Bevölkerungsstruktur
Theorie
China
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ge, Suqin
Yang, Dennis Tao
Zhang, Junsen
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Ge, Suqin
- Yang, Dennis Tao
- Zhang, Junsen
- Institute for the Study of Labor (IZA)
Entstanden
- 2012