Social Norms and Household Savings Rates in China
Yvonne Jie Chen, Zhiwu Chen, Shijun He
Review of Finance, Volume 23, Issue 5, September 2019, Pages 961–991, https://doi.org/10.1093/rof/rfy029
Can social norms affect households’ savings behaviors? Research findings in Social Norms and Household Savings Rates in China suggest that the filial piety social norms, which argue that children have unconditional obligations to their elderly parents, make households save less.… Read more...
Social Norms and Household Savings Rates in China Read More »