财政支出不确定性对居民消费的影响研究

The Impact of Fiscal Expenditure Uncertainty on Residents'Consumption

文章通过对财政支出不确定性的测度,基于扩展的C-M消费函数,利用时变参数模型实证检验我国财政支出的不确定性对居民消费的动态影响,并根据研究结论提出相关政策建议。

Through the measurements of the uncertainty of fiscal expenditure,based on the extended C-M consumption function,this paper uses a time-varying parameter model to empirically test the dynamic impact of the uncertainty of fiscal expenditure on household consumption in China,and proposes relevant policy recommendations based on the research conclusions.