“汉青论坛”第六期
【本期主题】Accounting for the Household Saving Rates in China
We study the Chinese household saving rates in an incomplete market framework in which individuals, facing idiosyncratic earning shocks and borrowing constraints, derive utility from housing and have homeownership preference that affects housing purchase or rent decision. Our model fits a number of facts well including the wealth concentration, homeownership rate, housing distribution, and household saving rates for each income group.
We find housing in utility is essential to explain the high saving rates in China. Reducing the down payment ratio could lessen the household saving rates slightly, yet a smaller minimum housing value implies higher saving rate. Lowering the homeownership preference will generate only a trifling lager saving.
【报 告 人】陈彦斌 中国人民大学经济学院副教授
【时 间】5月5日中午12：00
【地 点】中国人民大学明德主楼734室
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联系人：李红梅 62514479
报告人简介：
陈彦斌，博士，中国人民大学经济学院博士生导师、副教授，院长助理，教育部“新世纪人才支持计划”入选者，美国康奈尔大学访问学者，国家农业部“十二五”规划专家组成员，国家统计局中国宏观经济景气监测系统首席专家，《经济研究》等刊物审稿专家。研究领域为宏观经济学，讲授课程为初、中、高级宏观经济学等。在《经济研究》发表论文6篇，在《Annals of Economics and Finance》、《管理世界》等国际SSCI和国内重要期刊发表论文五十余篇。主持三项国家自然科学基金项目。
汉青经济与金融高级研究院
二零一零年五月四日
