社会保障覆盖率对家庭金融资产配置的影响——基于CHFS数据的实证研究

The Impact of Social Security Coverage on Household Financial Asset Allocation

利用中国家庭金融调查与研究中心2017年调查所得家庭数据,实证分析了家庭养老保险覆盖率、基本医疗保险覆盖率和失业保险覆盖率对家庭风险金融资产参与和风险金融资产配置比例的影响。结果显示,家庭养老保险覆盖率、基本医疗保险覆盖率和失业保险覆盖率的提高会显著促进家庭风险资产投资。分组检验发现,因为农村养老保险和基本医疗保险水平较低,在农村家庭中,家庭养老保险覆盖率和基本医疗保险覆盖率对家庭持有风险资产倾向的影响并不显著。

Using the household data collected from the survey of China Household Finance Survey and Research Center in 2017,this paper empirically analyzed the effects of family endowment insurance coverage, basic medical insurance coverage and unemployment insurance coverage on the participation and allocation ratio of risky financial assets of households. The results show that the increase of family endowment insurance coverage, basic medical insurance coverage and unemployment insurance coverage will significantly promote family risk asset investment. The group test found that, due to the low level of rural endowment insurance and basic medical insurance, the family endowment insurance coverage and basic medical insurance coverage have no significant impact on the family's tendency to hold risky assets in rural households.