中国通货膨胀的福利成本研究

The Study of the Cost of Inflation in China

通货膨胀一直以来都是衡量一国宏观经济运行是否稳定和健康的重要指标。本文对国内外关于通货膨胀福利成本的研究发展进行了较为完整的综述,并在此基础之上运用消费者剩余方法和新古典宏观经济学一般均衡模型对中国通货膨胀的福利成本进行了计算和比较。实证结果说明,在中国高通货膨胀会带来较高的福利损失,因此将通胀率保持在较低的水平对提高中国的经济福利水平是有利的。

Inflation is always the important indicator to measure whether economy is stable and healthy. This paper provides a substantive survey of the research on the welfare cost of inflation, and uses the methods of consumer＇s surplus and neo-classical general equilibrium models respectively to estimate the welfare cost of inflation in China. The results show that high inflation will cause huge welfare cost in China, so keeping low inflation is beneficial to the entire economic welfare of China.