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On the Influence of Income Uncertainty on Rural Residents' Consumption

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DOI: 10.25236/ISMEEM.2019.008

Author(s)

Taihe Lin, Yun Xiong

Corresponding Author

Taihe Lin

Abstract

Along with the continuous development of China's social economy, many migrant workers began to work in cities, but related research shows that there is a certain uncertainty in the income of migrant workers. Such income has a serious impact on the consumption of rural residents in China. This paper starts from the uncertainty of income, establishes the corresponding mathematical model, and analyzes the current situation of the income of migrant workers in China. Based on the data obtained, relevant recommendations will be made to better improve the income of rural residents and develop the consumption level of rural residents in China, and to steadily develop China's economic level.

Keywords

Income uncertainty; rural residents; consumption behavior