Study on the Effect of Changing Population Growth Target on Household Saving Rate
Population growth and household savings are hot topics in the researcher's community.This paper uses matching data on population growth targets and CFPS household income data to study the relationship between population growth and household savings rate.Theoretical analysis and empirical research find that setting a reasonable population growth target has a significant impact on household savings rate,and this conclusion holds after controlling for endogeneity;Further-more,heterogeneity analysis shows that rural households and boy households,affected by traditional concepts and other factors,have a more significant increase in savings rate.This conclusion not only enriches the theoretical system of the economic effects of population growth,but also provides a new perspective for understanding Chinese household savings behavior.Based on this,policy recommendations are proposed,including building a fertility incentive policy system conducive to the full implementa-tion of the"three-child policy,"implementing macroeconomic strategies to stimulate family consumption,and increasing fi-nancial input into the construction of infant and toddler care service systems.
population growth targetthe household saving ratemarriagesex ratio