作　　者： ; ; ;

机构地区： 复旦大学经济学院

出　　处： 《复旦学报（社会科学版）》 2009年第5期93-99,共7页

摘　　要： 改革开放三十年来,我国居民生活水平大幅度提高,积累了大量的储蓄存款、住房资产等家庭财富。本文利用2005年1447户上海居民生活调查数据,分析了家庭资产对居民消费的"财富效应"。研究发现:在非耐用品消费方面,储蓄和住房资产都存在显著的财富效应,两类资产每增加1%将使非耐用品消费支出分别增长0.04%—0.05%和0.05%—0.06%,住房资产的财富效应略高于储蓄资产。在耐用品消费方面,储蓄资产没有显著的财富效应,但住房资产对推动耐用品消费具有显著而巨大的财富效应,住房资产价值每上升1%将使家庭拥有耐用品的概率增加20%左右。在当前"拉动内需促增长"的形势下,我们尤其需要注意稳定房地产市场,发挥住房资产在促进消费中的"财富效应"。 Since the Reform of 1978, the residents＇ living standards in China have been greatly improved. A considerable amount of family wealth, such as deposits and housing asset, has been accumulated. This paper uses data from a survey of Shanghai residents and analyzes the wealth effects of family assets on consumption. It finds ： 1 ） Deposits and housing both have significant wealth effect in unendurable goods. 2） Deposits has no significant wealth effect in durable goods, but the wealth effect of housing is significant and large. With the recent background of ＂spurring domestic demand for growth,＂ we should pay more attention to stabilize housing market and take advantage of the wealth effect on housing in pro- moting consumption.

关 键 词： 储蓄 住房资产 财富效应

领　　域： [经济管理] [经济管理]