The Effect of Mortality Risk on Household Assets Choices:Evidence from China

摘要：

　　Using CHFS data,we examine the effect of mortality risk on household financial assets allocations.Our results show that there are negative effects of mortality risk on stock and risky assets holdings.Furthermore,the effects of mortality risk are investigated by considering different regions,health status,and education level.For rural households,the effect of mortality risk on financial assets choices is stronger than urban household.And mortality risk has a weaker impact on healthy households than unhealthy households.And high-education households are more sensitive to mortality risk when they make household portfolios decisions.

关键词： mortality risk social pension household portfolio choices

作者: Li Na He Lei

作者单位: School of Business,Hunan Normal University,Changsha,China,410081

会议类型: 国际会议

会议名称: The 10th (2018)International Conference on Financial Risk and Corporate Finance Management(第十届(2018)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 360-366

在线出版日期: 2018-07-06（万方平台首次上网日期，不代表论文的发表时间）