| Since three decades of reform, China’s productive forces have been greatlydeveloped, comprehensive national strength also improved significantly, per capitanational income and the people’s living standards improved markedly. At the sametime, a variety of financial instruments are also continuously developing, the choice ofhousehold financial assets varies from one single savings to more diverse andcomplex one. In recent years, the government has become increasingly concernedwith the livelihood problems, thus improving people’s income level from property andnarrowing the income gap are on the agenda. Therefore, the study on how familiesselect financial assets plays an extremely important role in the economic and financialdevelopment and stability and the improvement of people’s living standards.First this dissertation uses the relevant data to estimate the distribution ofhousehold financial assets, and dynamically analyzes the changes in the quantities andstructure of our family’s financial assets. Second we make qualitative analysis aboutthe factors which affect the choosing behaviors of household financial assets in Chinafrom the macro and micro views. After employing Co-integration test and Grangercauses and other measurement methods to empirically analyze the macroeconomicinfluencing factors, we found that: GDP shows positive correlation with financialassets except for the insurance; CPI is negatively correlated with financial assets otherthan insurance, but has a positive correlation with interest rates, deposits andinsurance. CPI also has a negative correlation with stocks, funds, bonds, assets. Thenwe descriptively analyze influencing factors with micro data which is collected bysending questionnaires, and found that: income, age, education level, gender, realestate and other factors affect the choice of household financial assets. Finally, wemake some political recommendations expecting to have a certain reference value toour household financial assets choice. |
PDF Full Text Request