Household Income,Credit Consumption,and Risk Financial Asset Allocation:an Empirical Study Based on CGSS Data
With the continuous growth of household income,the allocation of household risk financial assets has gradually become a popular trend.Based on 6017 household data from the China General Social Survey(CGSS),it is found that household income increase can promote credit consumption and the allocation of risk financial assets.Credit consumption plays an intermediary role.In heterogeneity analysis,the positive impact of household credit consumption on risk financial asset allocation is obvious only on samples from non farm household registration and light household security burden.
万方数据
