数字金融与农村家庭金融风险——来自中国家庭的微观证据

Digital Finance and Rural Household Financial Risks--Micro Evidence Erom Chinese Households

快速发展的数字金融深刻影响着中国经济发展、社会变迁和人民生活。然而,在当前经济下行压力下,家庭金融风险问题不断凸显,数字金融参与能否缓解农村家庭金融风险值得深入研究。本文基于中国家庭金融调查(CHFS)数据,实证探究数字金融参与对农村家庭金融风险的影响。实证结果表明,农村家庭数字金融参与可以显著缓解其金融风险;机制分析发现,数字金融参与可以通过提高家庭金融可得性、金融素养以及拓宽家庭社会网络关系来缓解其金融风险;异质性研究发现,数字金融参与对不同特质的农村家庭金融风险具有显著的异质性影响。

The rapid development of digital finance has a profound impact on China's economic development,social changes,and people's lives.However,under the current downward pressure of the economy,the issue of household financial risks is constantly prominent.Whether digital finance participation can alleviate rural household financial risks is worthy of in-depth research.This article is based on the China Household Finance Survey(CHFS)data to empirically explore the impact of digital finance participation on rural household financial risks.The empirical results indicate that the participation of rural households in digital finance can significantly alleviate their financial risks;Mechanism analysis reveals that digital finance participation can alleviate financial risks by improving household financial accessibility,financial literacy,and expanding family social network relationships;Heterogeneity studies have found that digital finance participation has a significant heterogeneous impact on the financial risks of rural households with different characteristics.