亲属关系对家庭金融市场参与的影响——基于信贷可得性与信息渠道效应的实证检验
The Impact of Kinship Network on Household Financial Market Participation——An Empirical Test Based on Credit Availability and Information Channel Effects
王华 1王珂1
作者信息
- 1. 中央民族大学经济学院,北京 100081
- 折叠
摘要
本文结合2020年中国家庭追踪调查(CFPS)数据,实证研究了亲属关系对居民家庭金融市场参与的影响.研究结果表明,密切的亲属关系可以使家庭参与金融市场的概率更高,参与的程度更深.机制分析结果显示,密切的亲属关系主要通过提升家庭信贷可得性和信息渠道效应促进家庭参与金融市场.异质性分析显示,亲属关系对家庭金融市场参与的影响在移民家庭、西部地区、农村地区、家庭福祉较低及受教育程度高的家庭中作用更为明显.本文首次提供了亲属关系影响家庭金融市场参与的直接证据,密切的亲属关系的确起到了对现代家庭的支持和保障作用.
Abstract
This paper empirically studies the impact of kinship network on household financial market participation based on the 2020 China Family Panel Studies(CFPS)data.The results show that closer kinship network can make families more likely to participate in the financial market and participate more deeply.The results of the mechanism analysis show that kinship network promotes family participation in the financial market mainly by improving family credit availability and information channel effects.Heterogeneity analysis shows that the role of kinship in promoting family financial market participation is more obvious in immigrant families,western regions,families with low family welfare and high education.This paper provides direct evidence for the impact of kinship on family financial market participation for the first time.Kinship does play a supporting and protective role for modern families.
关键词
亲属关系/金融市场参与/社会资源Key words
Kinship Network/Financial Market Participation/Social Resources引用本文复制引用
出版年
2024
NETL
NSTL
万方数据