Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/69463
Authors: 
Ge, Suqin
Yang, Dennis Tao
Zhang, Junsen
Year of Publication: 
2012
Series/Report no.: 
Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit 7026
Abstract: 
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.
Subjects: 
household saving
one-child policy
demographic structure
cohort analysis
China
JEL: 
E21
J11
J13
Document Type: 
Working Paper

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