Savings, Commodity Market Rationing, and the Real Rate of Interest in China
提出一个理论描述中国家庭储蓄行为,分析商品市场配给和实际利率对储蓄的影响,并用官方通胀数据验证家庭储蓄行为,尝试分离供给与需求曲线。
A paper that presents a theory to describe household saving behaviour in China. Outlines impact of commodity market rationing and real interest rate on savings; offers verification on the household savings behaviour relative to the use of official rate of inflation series; an attempt to disentangle supply and demand schedules.