中国城镇居民储蓄的影响因素研究:基于三类储蓄动机的实证分析

本文用中国城镇居民1980-2007年的数据,检验了影响居民储蓄行为的三类动机,即生命周期动机、遗赠动机和预防性动机。结果发现这三类储蓄动机都对中国城镇居民的储蓄行为产生影响,其中生命周期储蓄动机是解释中国居民高储蓄率的重要原因,但收入分配差距扩大导致整个社会的遗赠储蓄增加,引起总消费不振。此外,由于居民面临的不确定性增加,中国城镇居民的预防性储蓄动机也随之提高。

A Research on Savings of Urban and Township Residents in China:An Empirical Analysis Based on the Three Kinds of Savings Motive

Using China's urban residents data from 1980 to 2007,this paper test three kinds of savings motives affecting the residents' behavior,namely the life-cycle motive,bequest motive and prudence motive.The results found that all of these motives affect saving behaviors of urban residents in china.The life-cycle motive is an important reasons to explain Chinese residents' high savings rates,and income distribution disparities lead to society's bequest motive increased as a whole,causing the consumption slump.In ...