Research On The Saving Behavior Of China's Urban And Rural Migrant Households

More than 30 years of reform and opening-up,China’s residents per capita GDP growth,consumption rate is falling,however,in the current our country economy under the background of the new normal,research clearly the influence factors of China’s household savings for the revitalization of the domestic consumption is particularly important.China’s low consumption rate is hardly explained by traditional theories.This paper mainly studies the domestic saving behavior of our country based on the micro perspective of children’s gender.Firstly,this paper adopts the microsection data of Chinese household income survey to investigate the influence of the gender structure of family children on household savings.Is household savings as explained variable,and the main variables include the explanation of the boy in the family of household population scale,the proportion of girls in the family proportion of the population scale,the square of control variables including family income,family income,family size,family owned land area,family owned property valuation.Next,this paper examines the motivations behind household savings.First,it verified whether the family’s education expenditure had a gender preference.This article take the multiple regression model,to family education expenditure,explain variables accounted for 15 to 24 years old boy,girl accounted for 15 to 24 years old,control variables as head of the household education age,family income,family income,family owns the property value of square estimates.On children married,control the relevant variables,this paper studies married probability,the relationship between household savings and children on validation of retirement and health care issues,we use a limited dependent variable model.this paper found that the number of boys in the family and household savings indeed has a significant positive correlation,that is to say,their children’s gender does affect household savings,in order to further study on mechanism of children’s gender impact on household savings,we found through the study of four savings motive,family education expenditure and the boy to family size ratio has a significantly positive correlation;In places where children get married,the more skewed the sex ratio,the higher the family savings.The higher the household savings,the lower the likelihood of an adult son being single,and the effect on their daughter’s marriage is not significant;In retirement and health care,the number of sons is an alternative.In general,families with sons tend to save more,and the main motivation behind this is to marry their son,education.This article explains the reasons for the high current saving rate in China(excluding corporate savings)from the perspective of family and children’s gender.