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Chinas urban household savings rate of factor analysis(中国城市家庭储蓄率的因素分析)
China’s urban household savings rate of factor analysis
Summary
This article uses the 2006 Chinese General Social Survey (CGSS2006) micro-data, in considering the life cycle of a permanent income hypothesis (LC-PIH) and precautionary saving theory, based on urban household savings rate of an empirical study of factors The main draw the following conclusions: (1) permanent income, income uncertainty and the urban household savings rate exists between the significant positive correlation between income inequality and rising urban residents will result in overall savings rate rise; ( 2) and L
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