通货膨胀冲击的财产再分配效应——基于中美两国的比较研究

经济理论与经济管理 ›› 2011, Vol. ›› Issue (6): 49-58.

通货膨胀冲击的财产再分配效应——基于中美两国的比较研究

肖争艳, 程冬, 戴轶群

中国人民大学, 北京 100872

收稿日期:2011-03-11 出版日期:2011-06-16 发布日期:2012-02-27
基金资助:
国家自然科学基金项目“基于微观调查数据的中国货币政策理论模型和数值模拟研究”(70903070);“中国居民财产分布的理论模型和政策模拟研究”(70973129)

WEALTH REDISTRIBUTION IN INFLATION SHOCKS——Based on the Comparison of China and the United States

XIAO Zheng-yan, CHENG Dong, DAI Yi-qun

Renmin University of China, Beijing 100872, China

Received:2011-03-11 Online:2011-06-16 Published:2012-02-27

摘要/Abstract

摘要： 本文利用微观调查数据研究了中美两国通胀冲击的财产再分配效应。本文的定量研究结果表明,通胀冲击将侵蚀中国家庭部门的财产,并进一步恶化家庭间的财产分布;而美国的情况却截然相反。从通胀再分配效应的视角出发,本文建议我国在制定货币政策时应当更加重视民生目标,逐步建立起多种形式的通胀补贴制度,以增强社会底层的通胀承受能力。

关键词: 通货膨胀, 净名义头寸, 财产再分配, 货币政策

Abstract: Based on micro-survey data,this study focused on the wealth redistribution effect of inflation in China and the United States.Our quantitative results showed that inflation shocks would erode the wealth of Chinese household sector and deteriorate the wealth redistribution between different households while the result of the United States was quite opposite.Therefore,from the perspective of wealth redistribution effect,we proposed that Chinese government should put more emphasis on people's livelihood and take effective measures to reinforce the tolerance ability of the poorest against inflation shocks.

Key words: inflation, net nominal position, wealth redistribution, monetary policy

中图分类号:

F821.5

肖争艳, 程冬, 戴轶群. 通货膨胀冲击的财产再分配效应——基于中美两国的比较研究[J]. 经济理论与经济管理, 2011, (6): 49-58.

XIAO Zheng-yan, CHENG Dong, DAI Yi-qun. WEALTH REDISTRIBUTION IN INFLATION SHOCKS——Based on the Comparison of China and the United States[J]. Economic Theory and Business Management, 2011, (6): 49-58.

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