金融素养、风险态度对家庭金融行为的影响研究

发布时间：2018-08-08 11:34

【摘要】：家庭金融作为一个新的研究方向,越来越受到国内外学者的青睐。随着我国居民收入的极大丰富和金融市场的不断深化发展,金融类产品种类不断丰富、金融环境日趋复杂,家庭的消费与储蓄行为、借贷行为等都发生显著变化。目前,家庭金融资产总量分布不均、金融资产结构失衡等微观问题普遍存在。金融素养作为个体参与投资决策的一个重点要素,对居民个体、家庭乃至整个社会的行为都有重要的影响,金融素养的提高是消费者规避系统风险的重要举措。研究金融素养、风险态度与家庭金融行为的关系,目的在于提高我国居民的金融素养和风险识别意识,增加家庭财富规模,提高家庭金融行为的活跃度,促进金融行业的发展,进而提升社会福祉。因此,本文采取建立理论模型、统计分析和实证研究的方法深入地研究了金融素养、风险态度与家庭金融行为的内在联系。首先,利用中国家庭金融调查项目的微观数据,构建了风险态度影响因素理论模型,通过实证检验了金融素养与风险态度的内在关联性。其次,利用因子分析法构造了金融素养指数,在控制其他相关变量的前提下,重点评估金融素养、风险态度对家庭总财富、家庭汽车消费、养老计划等家庭金融行为的影响程度。实证结果表明当个体具备较高金融素养时,表现出更高的风险偏好,会提高参与金融活动的自信度,降低交易成本,增加总财富,提高对耐用品或奢侈品的支出,并促使其采取更加主动的养老方式。最后,根据实证分析结论,我们主要给政府部门、金融机构和家庭自身提供一些建议。从政府角度来说,应加大对金融知识的教育力度,提高我国居民金融素养水平;提高居民的收入,合理收入结构;完善养老保险政策及相关福利制度。从金融机构的角度来说,应提供合适的金融产品,并定期举办关于理财方面的讲座。从投资者的角度来说,应加强金融知识和技能方面的学习,并根据自身风险偏好及投资需求选择适合自身的金融资产,主动选择合理的养老计划。
[Abstract]:As a new research direction, family finance is more and more favored by scholars at home and abroad. With the rich income of residents and the deepening development of financial market, the financial products are becoming more and more abundant, the financial environment is becoming more and more complex, the consumption and saving behavior of households and the behavior of borrowing and borrowing have all changed significantly. At present, micro problems such as uneven distribution of household financial assets and imbalance of financial assets structure exist widely. As a key element of individual participation in investment decision-making, financial literacy has an important impact on the behavior of residents, families and even the whole society. The improvement of financial literacy is an important measure for consumers to avoid systemic risks. This paper studies the relationship between financial literacy, risk attitude and family financial behavior in order to improve the financial literacy and risk identification consciousness of Chinese residents, increase the scale of family wealth, enhance the activity of family financial behavior, and promote the development of financial industry. In order to enhance the well-being of society. Therefore, this paper takes the methods of establishing theoretical model, statistical analysis and empirical research to deeply study the relationship between financial literacy, risk attitude and family financial behavior. Firstly, using the microcosmic data of Chinese household financial survey project, the theoretical model of influencing factors of risk attitude is constructed, and the internal correlation between financial literacy and risk attitude is tested by empirical analysis. Secondly, the financial literacy index is constructed by using factor analysis method. On the premise of controlling other relevant variables, financial literacy, risk attitude to the family total wealth, household car consumption, The degree of influence of family financial behavior such as pension plan. The empirical results show that when individuals have higher financial literacy, they exhibit higher risk preference, which will increase confidence in participating in financial activities, reduce transaction costs, increase total wealth, and increase expenditure on durable goods or luxury goods. And urge it to take a more active way of providing for the aged. Finally, according to the conclusions of empirical analysis, we mainly give some advice to government departments, financial institutions and households themselves. From the point of view of the government, we should strengthen the education of financial knowledge, improve the level of financial literacy of Chinese residents, improve the income of residents, reasonable income structure, and improve the endowment insurance policy and related welfare system. From the perspective of financial institutions, appropriate financial products should be provided and regular lectures on financial management should be held. From the point of view of investors, we should strengthen the learning of financial knowledge and skills, and choose the appropriate financial assets according to our own risk preference and investment demand, and take the initiative to choose a reasonable pension plan.
【学位授予单位】：首都经济贸易大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832

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