金融能力对城镇家庭收入的影响研究——基于CHFS数据

Research on the Influence of Financial Ability on Urban Household Income—Based on CHFS Data

基于CHFS2019年数据,运用普通最小二乘法实证分析金融能力对城镇家庭收入的影响。在此基础上分析在是否有政府补助以及控制社会互动情况下金融能力对城镇家庭收入的影响。研究结果显示:金融能力对城镇家庭收入具有显著正向作用,即金融能力水平越高,城镇家庭收入越高;金融能力对城镇家庭的工资性收入、转移性收入、财产性收入和经营性收入都具有显著正向影响;在采用工具变量法、联立方程模型缓解内生性问题后,仍然能够得出一致的结论。进一步研究发现,政府补助在金融能力增加城镇家庭收入中起促进作用,在控制社会互动后金融能力对城镇家庭收入依然有显著正向影响。

Based on the data of CHFS2019,this paper empirically analyzes the impact of financial ability on urban household income by using the ordinary least square method.On this basis,it analyzes the influence of financial ability on urban household income under the condition of government subsidy and social interaction control.The results show that financial ability has significant positive effect on urban household income,that is,the higher the level of financial ability,the higher the urban household income;Financial ability has significant positive impact on wage income,transfer income,property income and business income of urban households.After using instrumental variable method and simultaneous equation model to alleviate the endogeneity problem,a consistent conclusion can still be reached.Further research shows that government subsidies play promoting role in the increase of financial capacity on urban household income,and financial capacity still has significant positive impact on urban household income even after controlling social interaction.