Demographics, family/social interaction, and household finance

被引:23
作者
Gao, Ming [1 ]
Fok, Robert [2 ]
机构
[1] Peking Univ, Beijing 100871, Peoples R China
[2] Univ Wisconsin Parkside, Dept Business, Kenosha, WI 53141 USA
关键词
Household financial decisions; Demographics; Family/social interaction;
D O I
10.1016/j.econlet.2015.09.027
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine the role of demographics and family/social interaction in Chinese household finance. The impacts of demographic characteristics are not limited to stock market participation, but extend to other financial activities. Households with stronglamily and social interaction are more likely to save, invest in risky assets and borrow. Family interaction is positively related to informal financing. (C) 2015 Elsevier B.V. All rights reserved.
引用
收藏
页码:194 / 196
页数:3
相关论文
共 5 条
[1]  
[Anonymous], 2013, HDB EC FINANCE
[2]   Household finance [J].
Campbell, John Y. .
JOURNAL OF FINANCE, 2006, 61 (04) :1553-1604
[3]   WORD-OF-MOUTH COMMUNICATION AND SOCIAL-LEARNING [J].
ELLISON, G ;
FUDENBERG, D .
QUARTERLY JOURNAL OF ECONOMICS, 1995, 110 (01) :93-125
[4]  
Guo S.Q., 2015, J COMP EC IN PRESS
[5]  
Marian D., 2014, REV INCOME IN PRESS