中国家庭债务和资产积累关系的实证分析:1997—2008

An Empirical Analysis on the Relationship between Household Debt and Household Asset Accumulation in China:1997—2008

笔者运用1997年～2008年中国家庭债务和家庭资产积累的时间序列数据,定量分析了家庭负债和家庭资产积累的关系。研究发现,家庭债务和家庭资产积累存在同向的长期均衡关系,家庭债务的变动会影响家庭资产的积累。笔者提出促进家庭资产合理配置和防范中国家庭债务快速增长带来的消极后果的相关建议,旨在为决策部门制定合理的经济政策提供参考。

Using the time series data about household debt and accumulation of household asset in china from 1997 to 2008, the authors make a quantitative analysis of the relationship between household debt and the accumulation of household asset. The findings indicate that there is a long -term equilibrium relationship between household debt and the accumulation of household assets in china and the changes in household debt affect the accumulation of household asset. The authors put forward some suggestions on promoting the rational allocation of household asset and preventing the negative effect of the rapid development of household debt in China in order to provide reference for decision - making departments making rational economic policy.