农村劳动力流动是否降低了家庭金融脆弱性?  

Does Rural Labor Mobility Reduce Household Financial Vulnerability?

作　　者：李胜旗[1] 梁丽华 LI Shengqi;LIANG Lihua(School of Finance,Capital University of Economics and Business)

机构地区：[1]首都经济贸易大学金融学院

出　　处：《金融经济》2024年第3期48-59,共12页Finance Economy

摘　　要：本文基于中国家庭追踪调查(CFPS)三期数据,实证研究农村劳动力流动对家庭金融脆弱性的影响。结果发现:农村劳动力流动能显著降低家庭金融脆弱性,在低消费家庭和未进行商业保险投保的家庭中,农村劳动力流动对缓解家庭金融脆弱性的作用更强。经过替换解释变量、替换被解释变量、倾向得分匹配法及工具变量法等检验,结果依然稳健。机制分析表明,农村劳动力流动通过提升收入、积累社会资本和缓解流动性约束等途径影响家庭金融脆弱性。进一步分析发现,农村劳动力流动能更显著地缓解存在金融脆弱性家庭的相对贫困。Based on three waves of data from the China Family Panel Studies(CFPS),this paper empirically investigates the impact of rural labor mobility on household financial vulnerability.The results indicate that rural labor mobility significantly reduces household financial vulnerability,with a stronger effect observed in low-consumption households and households without commercial insurance coverage.The results remain robust after conducting tests such as replacing explanatory variables,replacing explained variables,propensity score matching,and instrumental variable methods.Mechanism analysis shows that rural labor mobility affects household financial vulnerability through increased income,accumulation of social capital,and alleviation of liquidity constraints.Further analysis reveals that rural labor mobility more significantly reduces relative poverty among households experiencing financial vulnerability.

关 键 词：农村劳动力流动 家庭金融脆弱性 收入等级提升效应 社会资本积累效应 缓解流动性约束效应 

分 类 号：F328[经济管理—产业经济] F323.8