住户部门资产替代及其政策效应研究  

A Study on Assets Substitutability and Its Policy Effects of Household Sector

作　　者：张帅[1] 

机构地区：[1]山西财经大学统计学院

出　　处：《统计研究》2015年第7期64-73,共10页Statistical Research

基　　金：国家社科基金青年项目"中国住户部门资产替代及其宏观影响研究"(11CTJ010)的阶段性成果

摘　　要：本文首先基于具有局部弹性且满足全局正则性的Minflex Laurent模型计算了资产之间的Morishima替代弹性系数(MES),测度了我国住户部门在存款、股票和房地产之间的资产替代程度,并对MES反映的问题进行了分析,同时还基于MES,模拟了实现既定资产结构调控目标的具体政策组合,得到了住户资产结构性调控的具体操作方案,突破了传统的单一资产需求调控模式。本文研究结果可以为宏观经济调控提供重要依据。This paper measures household sector＇s assets substitutability among deposits,stocks and real estates by calculating Morishima elasticity of substitution（ MES） coefficient based on globally regular and locally flexible functional form—Minflex Laurent Model in China,and then analyzes the implications of the MES. Meanwhile,it is simulated that a specific combined policy used to achieve fixed assets structural adjustment goal. The simulation provides a concrete operation scheme for household assets structural control which breaks through the traditional single asset demand control pattern. The results can provide important evidence for macroeconomic control.

关 键 词：资产替代 需求系统模型 正则性条件 替代弹性系数 

分 类 号：F222.3[经济管理—国民经济]