Analysis of Household Financial Investment Behavior Based on Life Cycle
Xiaohui Chen, Bei Qin, Lei Zhang, Zhixin Chen
Available Online December 2018.
- https://doi.org/10.2991/iceemt-18.2018.89How to use a DOI?
- Life cycle; Family Financial Investment; House property; Household income
- In recent years, the field of family finance has always been a focus of research. Family financial investment involves not only the optimization of household asset allocation but also the operation of macroeconomics. Turning to family finance, this paper focuses on the characteristics and influencing factors of household financial investment behavior in the life cycle. Specifically, the results indicate that from the perspective of the characteristics of household financial investment behavior, the participation of China's financial assets investment is low on the whole, and investors prefer to riskless assets. Further analysis suggests that house property and household income as main variables have a positive impact on financial assets investment. As age increases, on the one hand, the impact of house property on financial investment decreases first and then increases, and has a greater impact on risky assets. On the other hand, family income has a greater impact on financial assets with the increase of the age, and has a greater impact on risk-free assets.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Xiaohui Chen AU - Bei Qin AU - Lei Zhang AU - Zhixin Chen PY - 2018/12 DA - 2018/12 TI - Analysis of Household Financial Investment Behavior Based on Life Cycle BT - 2018 3rd International Conference on Education, E-learning and Management Technology (EEMT 2018) PB - Atlantis Press SP - 458 EP - 462 SN - 2352-5398 UR - https://doi.org/10.2991/iceemt-18.2018.89 DO - https://doi.org/10.2991/iceemt-18.2018.89 ID - Chen2018/12 ER -