Research On The Relationship Between The Level Of Social Security And The Saving Rate Of Residents

Residents' savings have always been an important means for people to consume in the future and to prevent and control the uncertain factors of future life,which is closely related to the level of social security.With the rapid development of social economy under the background of the new era,social security has made great progress as the product of economic achievement sharing,and the living standard of the people has also improved significantly,but we still face a protruding social problem: the high savings rate of residents.The resident savings rate is the percentage of a resident's annual savings expenditure to disposable income.Too high or too low a household savings rate can affect the lives of residents.Raising the level of social security,raising the people's happiness and sense of acquisition,keeping the household savings rate within a reasonable range is the government's current focus on enhancing people's well-being.The level of social security represents the level of social security treatment enjoyed by members of a country or a region in a certain period of time.At the same time,the level of social security is also an important factor affecting the savings rate of residents,and residents will save and consume in combination with the social benefits they enjoy.Although the level of social security in China has steadily improved in recent years,the current social security field still presents a low level of social security,insufficient and unbalanced development pattern of social security needs and other problems,thus affecting the sustainable development of the economy and affecting the fairness of social security for residents.The savings rate and social security level of residents are important factors that affect social and economic development and residents' life.Social security can stabilize social and economic prosperity and development,and residents' savings can reflect the level of social security at all levels.In some areas where the economy of ethnic minorities is underdeveloped,residents' savings are still a means of self-protection and traditional investment appreciation.Taking Yunnan Province asthe research object,through the method of combining regression analysis and comparative analysis,this paper selects the macro analysis of cross section data of 31 provinces and cities in China as a macro-to-micro comparison of the relationship between social security level and residents' savings rate in Yunnan Province,from global to local comparison,This paper concludes that there is no significant negative correlation between the current social security level and the resident savings rate,that is,the improvement of the social security level will reduce the resident savings rate,and the crowding out effect is not obvious.From the point of view of the southwest region,it is found that there is a high social security level between the social security level and the household saving rate in Yunnan Province,so as to analyze the problems and causes of the social security in Yunnan Province,and in the form of countermeasures and suggestions to point out the relevant solutions: strengthen the leading role of the government,increase social security investment,continue to improve the social security system to promote the steady development of social security level in Yunnan Province.