摘要
在我国人口老龄化程度加深和居民财富日益增长的背景下,本文选用中国家庭金融调查(CHFS)2019年的数据,采用Probit和Tobit模型研究家庭老龄化程度对家庭金融资产选择与配置的影响。研究发现,户主年龄和家庭老年人口比重与家庭选择风险金融资产的可能性存在倒U型关系;户主年龄和家庭老年人口比重对家庭储蓄的持有量具有显著的正效应;户主年龄对家庭风险金融资产的持有量也存在倒U型关系。
In order to investigate the impact of aging on the allocation and selection of family financial assets in today’s aging population and increasing wealth of residents in China, this paper selects the data of China Family Financial Survey(CHFS) in 2019, and uses Probit and Tobit models to study the impact of aging on the selection and allocation of family financial assets. It is found that the age of the head of the household and the proportion of the elderly population in the family have an “inverted U”relationship with the possibility of family choosing risky financial assets. The age of the head of household and the proportion of the elderly population in the family have significant positive effects on the holdings of household savings.There is also an “inverted U”relationship between the age of the head of the household and the holdings of family risk financial assets.
作者
卢亚娟
何朴真
张慧
Lu Yajuan;He Puzhen;Zhang Hui(School of Management,Xuzhou Medical University,Xuzhou 221004,China;School of Finance,Nanjing Audit University,Nanjing 211815,China)
出处
《金融理论探索》
2022年第5期9-19,共11页
Exploration of Financial Theory
基金
江苏省社科基金一般专项“赋能江苏省康养产业发展的金融政策研究”(22JZB006)。
关键词
老龄化
家庭金融
金融资产配置
风险资产
aging
household finance
financial assets allocation
risk assets
