At present,the residents'leverage ratio is constantly rising and the residents'income gap is too large.In order to achieve the policy goal of comprehensive common prosperity,based on the unbalanced panel data of the micro household sector in five periods from 2010 to 2018 provided by the China's Family Panel Studies(CF-PS),this paper conducts an in-depth study on the impact and transmission mechanism of resident leverage ratio on resident income gap,and further divides household samples into urban samples and rural samples for heterogeneity test.This paper finds that the increase of resident leverage will widen the income gap,and the impact of urban areas is greater than rural areas.Resident leverage affects resident income gap through financial asset investment,real es-tate investment and production and operation activities,of which the real estate investment channel has the greatest impact,followed by the family financial asset investment channel,and the last is the production and operation activi-ties channel.In order to better control the rise of resident leverage rate and narrow the income gap of residents,the paper puts forward some countermeasures and suggestions,such as continuous control of resident leverage rate,sci-entific tracking of capital flow and financial resources inclining to rural areas.
关键词
居民杠杆率/居民收入差距/共同富裕/中国家庭追踪调查
Key words
Resident leverage ratio/Resident income gap/Common prosperity/China's Family Panel Studies
万方数据