Demographic Changes, Household Savings and Economic Growth in All China: A Time-Series Approach
This paper investigates the effects of population age structure and economic growth on the household saving rate in China and examines whether life cycle hypothesis (LCH) holds in the country like China, where LCH may be less applicable. By applying two popular time series econometric techniques (cointegration technique and vector error correction model), the author examines the long-run convergen
