【作者】 杨琳；

【导师】 虞斌；

【作者基本信息】 东南大学 ， 金融学， 2015， 硕士

【摘要】 消费需求一直是促进经济增长的重要因素之一,因此拉动消费对实现促进经济增长这一宏观经济目标有着极其重要的作用。同时,随着社会对人力资本重视程度的不断提高,人们对人力资本的投资也会随之增加,教育支出、医疗保健支出等在居民消费总支出中的比重越来越大,人力资本投资成为人们一项新的且越来越重要的投资类型。具有较高的人力资本可以增强居民的消费信心并提高他们对自己永久收入的预期,从而促进他们的消费；但另一方面,过多地进行人力资本投资也有可能超出居民的承受范围,从而挤占了他们在其他方面的消费,进而导致整体消费水平下降。因此在这种情况下,有必要考虑这些对人力资本投资的增加对居民消费水平的综合影响。本文在展开研究之前先对已有的相关文献和资料进行了汇总和综述,分析了相关研究领域的研究现状,为下面的具体研究奠定较为坚实的基础。本文研究立足于我国城乡居民的相关数据,通过理论分析和实证检验,针对人力资本投资对我国居民消费水平的影响这一问题展开研究。首先分析了人力资本投资对居民消费水平产生影响的理论机制,然后对我国居民人力资本投资与消费支出的变动情况和现状进行了统计学描述,接下来通过面板数据模型对人力资本投资对居民其他消费支出产生的影响进行实证分析,并得到了若干结论,最后根据研究结果提出相应的政策建议。更多还原

【Abstract】 Consumption demand has been the largest contribution to economic growth. Therefore, consumption growth plays a very important role to achieve the macroeconomic goal to promote economic growth. With the continuous improvement of the society on the importance of human capital, investment in human capital is increasing and the proportion of the expenditure on education and health care spending in the total expenditure of the consumers. Human capital investment has become a new as well as more and more important kind of investment. High human capital can enhance residents’ consumer confidence and improve their expectations for their permanent income, thereby increasing their consumption. But too much investment on human capital may be beyond residents’ consumption ability and influence other types of consumption, which can led to a decline of consumption in the overall level.In this case, it is necessary to consider the impact of increased investment in human capital to other consumption of the residents.This article made a summary and review of the existing literature and information and analyzed the current status of relevant research which made a solid foundation for the following research. This article is based on the relevant data of Chinese residents to study on the impact of the human capital investment on the consumption of Chinese residents through theoretical analysis and empirical test. Firstly, the paper analyzed the theoretical mechanism of human capital investment influencing the residents’consumption. Secondly, it made a statistically description of the change and status quo of human capital investment and residents’ consumption. Then it made an empirical analysis on this question through panel data model and got some conclusions. In the end of the paper, it put forward appropriate policy recommendations according to the results.更多还原