摘要
与以往研究不同,笔者首次以1978年～2009年我国居民的广义储蓄数据为基础,根据Houthakker和Taylor提出的动态存量调整模型构建理论框架,利用ARDL方法,分别估计了预期通货膨胀、非预期通货膨胀对居民储蓄总额及结构的影响。结果表明,预期通货膨胀对居民储蓄行为有显著影响,且金融储蓄受影响程度远大于实物储蓄;除了居民存款外,预期通货膨胀对其他储蓄形式的影响均为正;非预期通货膨胀对居民储蓄的影响不显著。
With ARDL method, this paper researches the influence of anticipated inflation, unanticipated inflation on the saving behavior of the household in China by analyzing the generalized savings data of household from 1978 to 2009. Results show that anticipated inflation has significant impact on savings behavior and the degree of influence on financial savings is much stronger than on physical savings. Anticipated inflation has positive effect on other savings items except deposit, while unanticipated inflation has no significant influence on savings.
出处
《经济经纬》
CSSCI
北大核心
2012年第5期127-131,共5页
Economic Survey
基金
湖南省金融学会年度重点研究课题(金湘学字[2010]4号)
湖南省软科学重大课题(2009ZK2007)
