The Analysis of Residents Consumption Behavior Under the Condition of Uncertainty
This paper studied the problem of consumption under the condition of uncertainty, and constructed a model of uncertainty can be divided and measured. Based on the practical data of China, the uncertainty of Chinese residents consumption can be divided into two parts: the uncertainty of interest rate volatility and the uncertainty of the future consumption. Meanwhile, by estimating the intertemporal utility discount rate and risk aversion coefficient, this paper aim to explain that consumer behavior during the process of the intertemporal choice.
consumption saving behavior uncertainty
FENG Yinhu WANG Xiaoyan
Management School of Inner Mongolia University of Technology, Hohhot, P.R.China, 010051
国际会议
天津
英文
369-375
2009-12-12（万方平台首次上网日期，不代表论文的发表时间）