The Influence of Digital Inclusive Finance on Household Risky Asset Investment
Digital inclusive finance has a significant influence on the participation of household financial market.Based on the statistics of 2015 and 2017 investigated by survey and research center for China household finance(CHFS)in Southwestern University of Finance and Economics,the essay empirically verifies the impact of digital inclusive finance on household risky asset investment.The study shows that digital inclusive finance can significant-ly boost household risky asset investment,and expand the boundary of family finance by credit services mechanism.Heterogeneity analysis indicates that digital inclusive finance has a more marked impact on eastern and central re-gions where the economy are more prosperous than other regions,and the one on rural areas as well.It is necessary to create a healthy digital inclusive financial ecosystem,further improve the efficiency of digital inclusive financial services,accelerate the construction of new digital infrastructure,and enhance residents'digital financial literacy in multiple dimensions to share digital dividends.
Digital Inclusive FinanceRisky Assets,Credit Services
NETL
NSTL
万方数据
