Telecom fraud is becoming increasingly frequent,which seriously affects economic and social stability and infringes on the interests of the broad masses of the people.By combining data from the fraud module of the 2015 China Household Finance Survey(CHFS)with the China Digital Financial Inclusion Index,this paper examines the impact of digital financial inclusion on households'risk of being targeted by fraud,actual risk of fraud,and fraud losses.The results show that although digital financial inclusion increases the probability of households being the target of telecom fraud,it can help households reduce the risk of fraud and reduce economic losses when they become the target of fraud.In terms of heterogeneity analysis,the positive effect of digital inclusive finance on restraining telecom fraud is more significant in rural and eastern areas.When family members belong to the dominant group in the digital divide,digital inclusive finance will have a better effect on reducing the risk of fraud and reducing losses.In terms of the mechanism of action,digital financial inclusion mainly reduces residents'actual risk of fraud and losses by increasing households'financial availability,easing financing constraints and increasing family members'attention to financial and economic information.Further analysis shows that financial regulation,the improvement of family members'financial literacy,and community publicity and education can enhance the suppression effect of digital financial inclusion on telecom fraud.
digital inclusive financetelecom fraudfinancial availabilityfinancing constraintsattention to financial and economic information
维普
万方数据
