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Effects of Rural Financial Infrastructures on Household Saving Decisions in rural China
household saving portfolio selection mobilization of saving income variability
2008/1/17
Abstract:
This paper focuses on the impact of financial infrastructures in rural areas on saving decisions of rural households in China. In order to investigate the functions of rural financial syste...
Household Balance Sheets, Consumption, and the Economic Slump
Great Recession Aggregate Demand Consumption Household Leverage Household Debt Marginal Propensity to Consume, Deleveraging
2014/3/19
We investigate the consumption consequences of the 2006 to 2009 housing collapse using the highly unequal geographic distribution of wealth losses across the United States. We estimate a large elastic...