【摘要】 基于2012—2018年的CFPS数据,运用面板数据模型实证检验了农村非农就业家庭负债对消费的影响,并进一步从消费层级、负债结构、户主年龄与省份的组群差异角度分析负债影响消费的异质性。研究发现:当前农村非农就业家庭负债显著抑制了家庭消费,且抑制程度在不同层级的消费、不同来源与用途的负债、不同户主年龄与地区的样本家庭中有所差异。据此,建议控制家庭负债规模及债务结构,探索家庭与个人破产制度,以及稳定家庭收入、健全福利制度等,以减少家庭偿还债务的经济压力,降低负债抑制消费的消极影响,进而充分发挥负债缓解流动性约束、实现消费需求、拉动内需增长的积极作用。更多还原

【Abstract】 Based on CFPS data from 2012 to 2018, this paper uses panel data model to empirically test the effect of non-agricultural employment household debt on consumption, and further analyzes the effect heterogeneity from the group difference perspective of consumption level, debt structure, age of householder and regions. The study finds that non-agricultural employment household debt significantly inhibits consumption, and the degree of inhibition is different among different levels of consumption, different sources and uses of debt, different ages of householders and different regions of the sample families. According to the results, it is suggested to control the scale and structure of household debt, explore family and individual bankruptcy system, stabilize family income and improve welfare system, so as to reduce the economic pressure of family debt payment, weaken the negative impact of debt on consumption, and give full play to the positive role of debt in alleviating liquidity constraints, realizing consuming demand, and stimulating the growth of domestic demand.更多还原