金融素养提高家庭收入了吗?  

Does Financial Literacy Increase Household Income?

作　　者：蒋长流[1] 胡涛文 JIANG Changliu;HU Taowen(School of Economic,Anhui University,Hefei,Anhui 230601,China;School of Economic,University of Chinese Academy of Social Sciences,Beijing 102488,China)

机构地区：[1]安徽大学经济学院,安徽合肥230601 [2]中国社会科学院大学经济学院,北京102488

出　　处：《金融教育研究》2023年第2期3-12,共10页Research of Finance and Education

基　　金：国家社会科学基金项目“新型城镇化进程中低碳发展的转型激励与约束机制研究”(14BJL104)。

摘　　要：家庭收入及其结构与家庭金融决策和行为有一定的关联性,而作为特殊人力资本的金融素养,则对家庭金融决策和行为具有重要影响。通过理论分析金融素养影响家庭收入的作用机制,基于中国家庭追踪调查数据,构建基本金融素养和高级金融素养测量指标。研究发现,基本和高级金融素养对家庭纯收入的正向影响均显著,且基本金融素养对家庭纯收入的正向影响更大,这种增收效应体现了金融知识与一般认知能力不同的属性与内涵。就家庭收入结构而言,高级金融素养对家庭工资性收入和其他收入具有显著提升作用,同时对家庭转移性收入具有减低效应,但基本金融素养对家庭收入结构并无明显影响。一般认知能力中的字词能力和数学能力对家庭纯收入无直接显著影响,来自亲友渠道的社会网络以及家庭信息交互能够显著提高家庭纯收入。机制分析表明,金融素养通过提高劳动参与率、增强正规信贷可得性和增加商业保险购买,对家庭纯收入产生显著正向影响。拓展研究发现,金融素养对低收入家庭的收入正向影响更大。鉴此,政府应完善公共金融教育体系,丰富居民金融知识,尤其是加强基本金融知识的普及,居民自身也要通过网络渠道主动学习金融知识,合理配置家庭资产并优化家庭收入结构,促进财产性收入持续增长。Household income and its structure are related to household financial decisions and behaviors,while financial literacy,as a special human capital,has an important impact on household financial decisions and behaviors.This paper theoretically analyzes the mechanism of financial literacy affecting household income,and constructs measurement indicators of basic financial literacy and advanced financial literacy based on the data of China Family Panel Studies(CFPS)in 2014.The results show that both basic and advanced financial literacy have significant positive effects on household net income,and the positive impact of basic financial literacy on household net income is greater,this income effect reflects the different attributes and connotations of financial knowledge and general cognitive ability.In terms of household income structure,advanced financial literacy has a significant effect on household wage income and other income,and has a reduction effect on household transfer income,but basic financial literacy has no significant effect on household income structure.Word ability and mathematical ability in general cognitive ability have no direct significant impact on family net income,while social network from friends and relatives and family information interaction can significantly improve family net income.Mechanism analysis shows that financial literacy has a significantly positive impact on household net income by increasing labor force participation,enhancing the availability of formal credit,and increasing commercial insurance purchases.The extended study finds that financial literacy has a greater positive impact on the income of low-income households.In view of this,the government should improve the public financial education system,enrich residents’financial knowledge,especially strengthen the popularization of basic financial knowledge.Residents themselves should also take the initiative to learn financial knowledge through online channels,rationally allocate household assets and optimize the househol

关 键 词：金融素养 家庭收入 劳动参与率 正规信贷可得性 商业保险购买 

分 类 号：F832.0[经济管理—金融学]