中国城市居民退休消费困境研究  

The Retirement Consumption Puzzle:Evidence from China Urban Household

作　　者：刘子兰[1] 宋泽[2] 

机构地区：[1]湖南师范大学商学院 [2]湖南大学金融与统计学院

出　　处：《中国人口科学》2013年第3期94-103,128,共10页Chinese Journal of Population Science

基　　金：国家社科基金重大项目"促进消费持续增长的长期政策和长效机制研究"(12&ZD050)阶段性成果

摘　　要：国外研究发现,居民退休时消费会发生"断崖式"下降,这一现象与生命周期理论中消费平滑的观点并不一致,被称为"退休消费困境"。文章利用2002和2007年中国居民收入调查(CHIPS)数据,分析城市居民是否存在"退休消费困境"现象。结果发现,在强制退休制度下,退休在一定程度上降低了家庭消费,其影响程度取决于异质的家庭特征。退休原因和家庭收入来源是影响居民退休后消费变化的主要原因。提前退休,养老金收入过低,以及经营和资产收入较低造成退休消费下降。International empirical research has found that retirement may bring about an abrupt falling in consumption.This apparently contradicts the prediction of the life-cycle model that consumers should smooth their consumption over their life-time,and hence is labeled the Retirement Consumption Puzzle.This paper verifies whether there is the Retirement Consumption Puzzle among China's urban residents by using the CHIP data from partial micro dataset of the urban residents collected by Chinese Academy of Social Sciences in 2002 and 2007.We find that the Retirement Consumption Puzzle is not universal under the compulsory retirement system in China although the retirement reduces the household consumption to a certain extent.This paper argues that the main reasons affecting the consumption after retirement are the types of retirement,the household relief ability and the resources of family income.Early retirement,low pension income and low income from operation and assets are more likely to reduce the post-retirement consumption.

关 键 词：退休消费困境 强制退休制度 老年消费 

分 类 号：F249.2[经济管理—劳动经济] F126[经济管理—国民经济] D669.6[政治法律—政治学]