摘要
根据2017年中国家庭金融(CHFS)调查统计数据,将家庭资产配置分为2个阶段,采用因子分析法构建的金融素养变量,通过中介效应模型和依次检验程序,实证分析了金融素养对农户家庭资产配置的影响以及金融素养、投资行为对农户家庭资产选择的作用机理。结果表明,家庭资产配置受到农户正向且显著的影响;农民的投资行为对金融素养与家庭参与金融市场的关系具有完全中介效应。得出以下政策含义:政府要注重提高农民的金融素养水平,完善投资行为决策,进而实现农民增收和资产选择多样化。
According to the 2017 China Household Finance(CHFS)survey statistics,household asset allocation is divided into two stages,this paper uses the financial literacy variable constructed by factor analysis method,and empirically analyzes the impact of financial literacy on household asset allocation and the mechanism of financial nutrition and investment behavior on household asset selection through intermediary effect model and sequential test procedure.It is found that household asset allocation is positively and significantly affected by farmers;farmers investment behavior has a complete intermediary effect on the relationship between financial literacy and family participation in the financial market.The policy implication of this paper is that the government should pay attention to improving farmers’financial literacy and improving investment decision-making,so as to increase farmers’income and diversify their asset choices.
作者
靳昌于
荣泽升
司传宁
JIN Chang-yu;RONG Ze-sheng;SI Chuan-ning(School of Economics and Management,Shandong Agricultural University,Tai’an,Shandong 271018)
出处
《安徽农业科学》
CAS
2022年第13期222-226,共5页
Journal of Anhui Agricultural Sciences
基金
泰安市社科规划重点项目(2020skx047)
山东省软科学项目(2021RKY06116)。
关键词
农村居民
金融素养
资产配置
Rural residents
Financial literacy
Asset allocation
