数字普惠金融对家庭投资绩效的影响分析

The Impact of Digital Inclusive Finance on Household Investment Performance

家庭如何利用好数字普惠金融的发展,对于实现家庭投资绩效的增长具有重要意义。但目前,中国家庭投资多样性和投资绩效都还不高,家庭风险-报酬比也远远低于国外。所以,探讨数字普惠金融对中国家庭投资绩效的影响就显得较为重要。通过对中国家庭金融调查(CHFS)4年数据为基础进行实证分析发现,数字普惠金融显著地促进了家庭投资绩效与投资多样性的增长。进一步分析发现,中国家庭投资过于偏好投资性房地产,农村地区数字普惠金融发展还不充分。这为中国深化金融改革、扶贫攻坚战略提供了部分经验证据。

How to make good use of the development of digital Inclusive Finance and realize the growth of household investment performance is particularly critical.But at present,the diversity and performance of household investment in China are not high,and the risk reward ratio is far lower than that in foreign countries.Therefore,the impact of digital Inclusive Finance on household investment performance is more important.Based on the four-year data of China Household Finance Survey(CHFS),it is found that digital Inclusive Finance significantly promotes the growth of household investment performance and investment diversity.Further analysis shows that China's household investment is too much in favor of investment real estate and the development of digital Inclusive Finance in rural areas is not sufficient.This provides some empirical evidence for China's deepening financial reform and poverty alleviation strategy.