影响我国居民储蓄因素的实证分析

Analysis of factors affecting China's household savings

利用2005年～2007年上半年的月度数据对影响我国居民储蓄因素进行了实证研究,发现居民可支配收入、CPI指数和证券市场发展是影响我国当前居民储蓄变动的主要因素,并提出了持续提高居民可支配收入、控制物价、加强对证券市场监管和宏观经济政策配合等政策建议。

In this article, the monthly data, from 2005 to the first half year of 2007, are used for the demonstratively analysis on the factors affecting China＇s household savings. The conclusion found from the above analysis is that the residential disposable in- come, CPI index and the development of the securities market are main factors affecting China＇s current household savings. At the end some suggestions are raised on making a sustained increase of residents＇ income, price control, and strengthen supervision of the securities markets.