中国就业波动的福利效应分析

On the Welfare Effect of Employment Fluctuation in China

文章从随机冲击对消费影响角度,把经济波动福利效应分成风险效应、水平效应和增长效应。通过构建单要素生产模型分别说明了就业波动具有风险效应和水平效应。中国城乡居民消费波动表明,就业波动福利影响主要是风险效应。

Based on the effect of stochastic shocks on consumption path, this paper decomposes the effect of welfare effect into the effects of risk, level and growth. That employment fluctuation has risk and level effects is shown by a single-factor production model. Further, the risk effect dominates the level effect, which is demonstrated by an empirical analysis of consumption fluctuation of rural and urban residents in China.