When σ < 1, the income effect that change of the interest rate affects personal consumption exceeds supplementary effect, deposit has a negative relationship with the interest rate. 在跨时替代弹性σ<1,利率变动影响个人消费的收入效应大于替代效应的前提下,储蓄和利率存在负向关系。
1996, Japan enacted the financial restructuring of the special procedures of the Deposit Insurance Act and the supplementary regulations, the deposit insurance system carried out a series of reforms to the deposit insurance agency new powers. 1996年,日本颁布了金融机构重组的特殊程序条例和存款保险法案的补充条例,对存款保险制度进行了一系列改革,赋予存款保险机构一些新的权力。