改善居民金融素养能否提升家庭金融幸福感——基于家庭消费金融调查数据的检验

Can the Improvement of Residents’ Financial Literacy Promote Household Financial Well-Being——A Test Based on the Data of Household Consumer Finance Survey

基于2012年中国城市居民家庭消费金融调查数据,利用Ordered Probit模型和OLS估计,对改善居民金融素养能否提升家庭金融幸福感进行了分析。研究发现:改善金融素养能够有效提升居民在家庭财富积累中获得的金融幸福感;改善居民金融素养通过避免家庭过度负债、促进家庭制定理财规划以及参与养老保险,有效提升家庭金融幸福感;金融素养对25~35岁及55岁以上居民、西部地区居民家庭金融幸福感的影响更大。这说明金融市场的发展要求居民具备更高的金融素养,提高居民的金融素养、关注老年群体的金融素养、加大西部地区金融教育普及力度具有重要意义。

Based on the survey data of Chinese urban residents’ household consumer finance survey in 2012, the paper applied Ordered Probit model and OLS estimation to analyze whether the improvement of residents’ financial literacy could promote family financial well-being. The findings were as follows. Firstly, improving residents’ financial literacy could effectively promote residents’ happiness in the accumulation of family wealth. Secondly, the promoting paths included avoiding excessive family debt, setting family financial planning and participating in endowment insurance. Finally, residents’ financial literacy had a greater impact for the residents between the ages of 25 and 35 or over 55, as well as the residents living in the western regions. These conclusions proved that, the development of financial market called for residents’ higher-level financial literacy. Therefore, we should cultivate the awareness of Chinese residents to improve their financial literacy, pay more attention to the financial literacy of elderly groups and promote the popularization of financial education in the western regions.