关键词: 住房公积金制度, 多维政策效应, 住房持有, 住房财富, 租购并举

Abstract:

In order to systematically analyze the policy effect of housing accumulation fund system,this paper subdivides it into three policy dimensions,namely,participation breadth,participation depth,and participation activity,based on the China Household Financial Survey(CHFS)data. We analyze the impact of the first housing,multiple housing,and housing wealth of urban employees in China according to the general life circle of family wealth. Using computation model and regression analysis based on the time series of historical background and sample age characteristics,this paper finds that there are differences in the policy effects of the three dimensions of China's housing accumulation fund system:participation breadth has obvious promotion effect on urban employees' ownership of housing;participation activity has obvious positive effect on housing ownership and housing wealth;participation depth has positive effect on housing wealth. Further date analysis also reveals that the benefiting surface of the housing accumulation fund system is too narrow,which reduces the general value of the system. Especially,the system has basically not been used to housing renting. This paper suggests that the system function orientation should be adjusted,opening the system's function on housing renting in order to construct balanced development of both housing renting and purchasing.

Key words: housing accumulation fund system, multidimensional policy effect analysis, housing ownership, housing wealth, both housing renting and purchasing