社会保障养老金财富对城镇居民消费支出影响的实证研究

Effects of Social Security Wealth on the Consumption of Chinese Urban Households

选取2002年和2003年辽宁省城镇居民家计调查数据作为样本数据。首先,估算居民的社会保障养老金财富。然后,设定模型实证研究社会保障养老金财富对居民消费支出的影响。研究结论表明社会保障养老金财富对中国城镇居民消费支出有显著的正效应,因此,实证研究的结果支持生命周期——持久收入假说关于社会保障养老金财富对居民消费支出影响的理论推断。

This article is a cross-sectional study of the effects of social security ewalth on consuption by using the 2002 and 2003 Survey of Households of Liaoning Province data.First all,social security wealth is estimated.Then,the model is specified to empirically analyze the effect of social security wealth on the consumption expenditure of the urban households.The results indicate that the effect is positive,thus lending support to the notion of the Life Cycle/Permanent Income Hypothesis about the effect of soci...