The New Measurement of Chinese Urban Residents Precautionary Motive and Its Interpretation
The extraordinary growth of savings in China has been to the attention of all walks of life. This paper derived new formula to measure residents precautionary saving their intensity based on the theory of the precautionary saving and the hypothesis that a rational consumers maximize ones utility, measure of. Then, we did empirical analysis by making use of annual data of 30 provincial regions from 1992 to 2009. The results showed that there exist obvious precautionary saving motivation in urban residents, and provincial difference of precautionary saving motivation intensity did exist.
Ye Xixi Jin Wenwen
Department of Economics of City College of Wenzhou University Wenzhou China 325035
国际会议
International Conference on Management and Service Science(2011年第五届管理与服务科学国际会议 MASS 2011)
武汉
英文
1-3
2011-08-12(万方平台首次上网日期,不代表论文的发表时间)