Working hours and household financial asset allocation

被引：0
作者：
Xu, Xiuli [1 ]
Xu, Panpan [2 ]
Bai, Haiqing [1 ]
机构：
[1] Xiamen Univ, Sch Journalism & Commun, Xiamen 361000, Peoples R China
[2] Bank Nanjing, Nanjing 210000, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 66卷
关键词：
Working hours; Household financial asset allocation; Happiness;
D O I：
10.1016/j.frl.2024.105718
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper uses the survey data from the China Household Finance Survey and Research Centre (CHFS) in 2017, 2019 and 2021 as the research sample to investigate the impact of working hours on household financial asset allocation. The study finds that working hours have a significant negative impact on household financial asset allocation; working hours only have a significant negative impact on the financial assets of urban investors compared to rural investors; and happiness plays a mediating role in the relationship between working hours and household financial asset allocation.
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页数：7
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