How uncertain is household income in China

被引：15

作者：

Yu, Jihai ^{[1
]}

Zhu, Guozhong ^{[1
]}

机构：

[1] Peking Univ, Guanghua Sch Management, Beijing, Peoples R China

来源：

ECONOMICS LETTERS | 2013年 / 120卷 / 01期

基金：

中国国家自然科学基金;

关键词：

Income process; Income shocks; Wealth-income ratio; LIFE-CYCLE HYPOTHESIS; SAVING PUZZLE;

D O I：

10.1016/j.econlet.2013.03.011

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper studies the stochastic processes of household income in China using longitudinal data from CHNS 1989-2009. We consider both labor income and total household income. We find that (i) compared with the US households in PSID, income of the Chinese households is much more uncertain; (ii) compared with the 1990s, degree of income uncertainty in the 2000s is substantially higher in China. (C) 2013 Elsevier B.V. All rights reserved.

引用

页码：74 / 78

页数：5

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