教育程度对家庭金融资产组合多样性的影响研究  

Research of the impact of educational level on the household financial portfolio diversification

作　　者：洪聪恺 周祝平[2] HONG Congkai;ZHOU Zhuping(School of Statistics,Beijing Normal University,Beijing 100875,China;Center for Population and Development Studies,Renmin University of China,Beijing 100875,China)

机构地区：[1]北京师范大学统计学院,北京100875 [2]中国人民大学人口与发展研究中心,北京100872

出　　处：《南昌大学学报（理科版）》2023年第6期610-620,共11页Journal of Nanchang University(Natural Science)

摘　　要：教育程度的提升极大地改变了我国居民的经济决策,也对我国家庭金融资产组合多样性状况产生了显著的影响,本文使用2018年中国居民收入调查项目数据(CHIP2018)探讨了教育程度的提升对家庭金融资产组合多样性的影响。研究发现,家庭中户主和平均受教育程度的提升均对持有金融资产种类数和金融资产组合多样性指数有明显的正向影响,这种影响在处理内生性之后依旧显著,但是具体的提升作用在不同的教育程度定义下存在差异。进一步分析发现,教育程度的提升效应存在区域异质性,家庭所在区域的宏观经济变量起着调节效应和中介效应,经济水平较低、金融普及不高的区域金融资产组合多样性发展潜力较大。在我国居民教育程度不断提升的背景下,本文为我国通过家庭金融缩小收入不平等、促进城乡和区域协调发展提出一系列建议。The improvement in educational level has greatly changed the economic decision of Chinese residents and also has a significant impact on the household financial portfolio diversification.This study,using data from the 2018 China Household Income Project(CHIP2018),investigated the impact of educational level improvement on the diversity of household financial portfolio.It was revealed that that both the educational level of the house-holder and the average level of education have significant positive impacts on the“number of financial portfolio categories”and the“index of household financial portfolio diversification”.This effect remained significant even after dealing with endogeneity,but the specific improvement impact varied depending on the definition of educational level.Further studies indicated regional heterogeneity in the improvement effect of educational level.Macroeconomic variables played moderating effect and mediating effect,indicating a significant potential for financial portfolio diversification in regions with low economic level and financial popularity.Based on results,a series of suggestions for China were put forward for reducing income inequality and promoting urban-rural and regional coordinated development through household finance.

关 键 词：教育程度 金融资产组合多样性 家庭金融资产 区域异质性 

分 类 号：F063.4[经济管理—政治经济学] F832