持久收入与农户储蓄:基于八省微观面板数据的经验研究被引量：20

Permanent Income and Farmer’s Saving:Evidence from the Micro-Panel Data Rural China

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摘要本文利用中国八省1056个农户的微观面板数据,采用四种滤子算法分别估计了农户的持久收入和暂时性收入。以此为基础,在持久收入假说的理论框架下分析了中国农户储蓄行为。经验研究的主要结论包括:①中国农户的储蓄行为受到流动性约束和预防性动机的影响,二者都显著地提高了农户的储蓄,降低了农户消费水平。并且,对于低收入人群,流动性约束提高储蓄的效应更加明显;②农户储蓄函数的估计结果一致拒绝了标准持久收入假说的确定性等价推论,拓展的持久收入假说更适合刻画中国农户的储蓄行为。 Using a sample of 1056 households＇ panel data from rural area China, this paper analyses the response of saving to transitory and permanent income by means of 4 filters. The main findings include that the liquidity constraints and precautionary incentive increase the farmer＇s saving and the liquidity constraints have more important effect for the poor household. The estimation indicates the rejection of PIH, farm household save a significance higher fraction of transitory income than permanent income.

作者高梦滔毕岚岚师慧丽

机构地区云南民族大学经济学院

出处《数量经济技术经济研究》 CSSCI 北大核心 2008年第4期40-52,共13页 Journal of Quantitative & Technological Economics

基金国家社科基金项目"微观视角的农村居民消费增长实证研究"(编号:07CJY037)的阶段性成果

关键词储蓄消费持久收入假说 Saving Consumption PIH

分类号 F016 [经济管理—政治经济学]

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