POSITIVE TEST ON MACRO CONSUMPTION AND SAVINGS OF URBAN AND RURAL RESIDENTS DURING TRANSITIONAL PERIOD IN CHINA
基于居民消费行为分析框架，构建城乡宏观消费与储蓄模型，实证检验消费与收入的长期均衡和短期波动关系，并提出政策建议。
During economic transitional period in China,significant changes have taken place in the macro-system surroundings as well as micro-level selective behavior of residents consumption.Under the macro-background of systematic transition,and based on the analytical frame of residents'consumption behavior,this paper respectively creates macro-consumption and savings models of both urban residents and rural residents.In addition,this paper conducts positive test on the relation between long-term equilibrium and short-term fluctuation of Chinese urban and rural residents'consumption and income.Based on which,the corresponding suggestions are put forward.