Research on the Impact of the Development of Digital Inclusive Finance on Household Investment Fund Allocation
Based on the data of the China Household Finance Survey(CHFS)and the Digital Financial Inclusion Index,this paper empirically examines the impact of the development of digital inclusive finance on the allocation of Chinese household investment funds.The research proves that the development of digital inclusive finance significantly improves the probability and scale of Chinese households'allocation of financial assets,and financial knowledge plays an intermediary role in the relationship between the two.With the improvement of household financial knowledge and Internet participation,the impact of digital inclusive finance on household investment fund allocation becomes prominent.
digital inclusive financehousehold investment fundsfinancial literacyfinancial asset allocation
万方数据
维普
