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The Impact Of Household Demographics On Venture Financial Investments

Posted on:2021-08-21Degree:MasterType:Thesis
Country:ChinaCandidate:W Y TengFull Text:PDF
GTID:2517306302452814Subject:Quantitative Economics
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In recent years,with the rapid development of China's economy,national income has increased rapidly and the people's living standards have also improved significantly.With the establishment of the market mechanism,China's financial market has also developed steadily,and financial products have become more diverse.The family has played a very important role in the national economy.Since 2013,China has gradually liberalized the two-child policy.The family structure in various regions of the country has changed compared with the previous ones.However,due to regional differences and large differences in economic levels,people's fertility will also have a big difference.At the same time,with the improvement of medical standards,the life expectancy of the elderly has also been extended.Coupled with the phenomenon of "small child",China has gradually entered an "aging society."The essence of society is composed of families.From the family,we explore the changes in the structure of family members in each region.The purpose of this paper is to study the impact of family organization structure on risk asset investment in a sub-regional study.The national sample is used as a reference to compare the samples of different regions,and then the micro-samples are used to analyze the structure of family organizations in different regions.Different,thus having a subtle impact on risky financial investments.This article uses the 2015 survey data of the China Household Finance Research and Research Center of Southwestern University of Finance and Economics,and also refers to the data of 2011 and 2013.The required variables were screened and analyzed using the measurement software STATA15.0.This paper uses the Logit model and the Probit model to study the different effects of the subtle differences in family organization structure across the country anddifferent regions on the risky financial assets of households.
Keywords/Search Tags:Family-organization, Risk-asset selection, regional-difference
PDF Full Text Request
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