中国城镇居民预防性储蓄动机强度的实证检验
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上海财经大学学报 2011 年 第 13 卷第 06 期, 页码：52 - 60
摘要
参考文献
摘要
本文选择中国城镇居民1990-2008年间的省际面板数据,采用了固定效应—工具变量法(FE-IV)对我国城镇预防性储蓄动机强度及其地区差异、时序变化进行了实证检验。结果表明我国城镇居民存在很强的预防性储蓄动机,其中西部城镇居民预防性储蓄动机最强,中部次之,东部最弱;然后滚动回归的结果表明,全国、东部及中西部城镇居民的相对谨慎系数整体上呈现出先下降然后上升的趋势,且东部和中西部城镇居民间相对谨慎系数的差距逐步变小。本文最后在实证结果基础上提出了缓解我国城镇居民储蓄快速增长的若干政策建议。
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[3]孟昕.中国城市的失业、消费平滑和预防性储蓄[J].经济社会体制比较,2001,(6):40-50.
[4]施建淮,朱海婷.中国城市居民预防性储蓄及预防性动机强度:1999-2003[J].经济研究,2004,(10):66-74.
[5]宋铮.中国居民储蓄行为分析[J].金融研究,1999,(6):46-50.
[6]孙凤,王玉华.中国居民消费行为研究[J].统计研究,2001,(4):24-30.
[7]易行健,王俊海,易君健.预防性储蓄动机强度的时序变化与地区差异——基于中国农村居民的实证研究[J].经济研究,2008,(2):119-131.
[8]易行健,张波.中国城镇居民消费倾向波动的实证检验——基于不同收入阶层边际消费倾向的视角[J].上海财经大学学报,2011(1):74-81.
[9]周绍杰.中国城市居民的预防性储蓄行为研究[J].世界经济,2010,(8):112-122.
[10]Chamon M,E S Prasad.Why Are Saving Rates of Urban Households in China Rising?[J].AmericanEconomic Journal:Macroeconomics,2010,2(1):93-130.
[11]Dynan KE.How Prudent Are Consumers?[J].Journal of Political Economy,1993,101(6):1104-1113.
[12]Guiso L,T Jappelli,D Terlizzese.Earnings Uncertainty and Precautionary saving[J].Journal of Mone-tary Economics,1992,30(2):307-337.
[13]Kennickell A,A Lusardi.Disentangling the Importance of the Precautionary Saving Motive[J].2005,Working Paper,Dartmouth College.
[14]Kleibergen F,R Paap.Generalized Reduced Rank Tests Using the Singular Value Decomposition[J].Journal of Econometrics,2006,133(1):97-126.
[15]Kimball M S.Precautionary Savings in the Small and in the Large[J].Econometrica,1990,58(1):53-73.
[16]Leland H E.Saving and Uncertainty:The Precautionary Demand for Saving[J],Quarterly Journal ofEconomics,1968,82:465-473.
[17]Mckenzie D J.The Prudence of Mexican Consumers[J].Economía Mexicana,Nueva?poca,2002,11,(2):393-407.
[18]Precautionary Saving and Consumption Growth in Taiwan[J].China Economic Review,2006,17(1):84-101.
[19]Meng X.Labour Market Reform in China[M].Cambridge and New York:Cambridge University Press,2002.
[20]Merrigan P,M Normandin.Precautionary Saving Motives:An Assessment from UK Time Series ofCross-sections[J].The Economic Journal,1996,106(438):1193-1208.
[21]Staiger D,G Stock.Instrumental Variables Regression with Weak Instruments[J].Econometrica,1997,65(3):557-586.
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[24]White H.A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroske-dasticity[J].Econometrica,1980,48(4):817-838.
[25]Wilson B K.The Strength of the Precautionary Saving Motive when Prudence is Heterogeneous[J].2003,Enrolled paper of 37th Annual Meeting of the Canadian Economics Association.
[26]Wooldridge J.Econometric Analysis of Cross Section and Panel Data[M].Cambridge,Mass:MITPress,2002.
引用本文
易行健, 张波, 杨碧云. 中国城镇居民预防性储蓄动机强度的实证检验[J]. 上海财经大学学报, 2011, 13(6): 52–60.
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