互联网信贷对大学生消费的影响——基于流动性约束和风险偏好双重视角的分析

The Impact of Internet Credit on College Students’Consumption--Analysis from the Two Perspectives of Liquidity Constraint and Risk Preference

当今,大学生互联网消费信贷已成为社会关注的热点。互联网信贷一方面促进消费拉动了内需,另一方面诱发了超前消费落入高消费陷阱。本文基于消费规模和消费结构两个层面,从流动性约束和风险偏好两个视角切入,利用微观调研的数据,实证分析互联网信贷对大学生消费的影响效应。研究发现:互联网信贷规模、家庭财富及风险偏好等都对大学生消费层次的提升有着显著的促进作用。此外,互联网信贷使用水平对大学生消费的促进效应中家庭财富相对较少、风险偏好更高的学生群体更为明显。在当前经济内循环背景下,本文的研究对于刺激消费需求、推动大学生理性消费有着重要意义。

Nowadays,Internet consumer credit for college students has become a hot topic of social concern.On the one hand,Internet credit promotes consumption and boosts domestic demand,and on the other hand,it induces overconsumption and falls into the high consumption trap.This article empirically analyzes the effect of Internet credit on college students’consumption based on two aspects of consumption scale and consumption structure,and from two perspectives of liquidity constraint and risk preference,by using data from the microscopic survey.It is found that the scale of Internet credit,household wealth and risk preference,etc.,all contribute significantly to the increase in college students’consumption level.In addition,the promotion effect of Internet credit usage level on college students’consumption is more obvious for students with relatively less household wealth and higher risk preference.This research is important for stimulating consumption demand and promoting rational consumption among college students in the context of the current internal economic circulation.