通货膨胀、自有住房与城镇居民主观幸福感

Inflation,Housing Property,and Subjective Well-being of Chinese Urban Residents

利用2010年中国社会综合调查微观数据,本文考察了通货膨胀、自有住房与城镇居民主观幸福感三者之间的关系。研究发现,通货膨胀能够显著降低城镇居民的主观幸福感,且对"无房"城镇居民主观幸福感造成的负面影响更为强烈。对其机制的进一步研究还发现,在通货膨胀的冲击下,社会保障预期、投资保值增值预期、住房保值增值预期等三个因素能够对冲通货膨胀对城镇居民主观幸福感造成的负面影响,可能成为提升城镇居民主观幸福感的有效路径。

Using the micro-data of CGSS2010, this article empirically examines the relationship of inflation, housing property and subjective well-being. The results show that the increase of inflation does significantly lower subjective well-being of urban resident in China. It even shows a much less negatively impact on the household with formal housing property than that with informal housing informal property. After controlling social security condition, the influence of residents＇ subjective well- being is significantly positive. The bequest motive or positive expectation of housing pricing can be helpful to relief the pain of inflation.