摘要
随着三孩政策的正式实施,子女问题再次成为各界关注的焦点。子女作为家庭结构的重要组成部分,对家庭的存续发展产生了重要影响。在家庭的资产配置方面,子女数量及性别的不同会促使家庭采取不同的投资组合策略。基于此,本文采用Probit模型和Tobit模型实证分析了子女数量和性别对家庭资产配置效率的影响,得出以下结论:总体来看,子女数量的增加会导致家庭风险资产的参与倾向和资产配置效率显著降低;拥有男孩的家庭及男孩数量的增加会导致家庭投资风险资产的意愿和家庭资产组合的效率显著降低。在对研究结果进行分析的基础上,本文从政府、金融监管部门及金融机构和家庭三个层面提出了一定的建议。
With the formal implementation of the three-child policy,the issue of children has once again become the focus of attention from all walks of life.As an important part of the family structure,children have an important impact on the survival and development of the family.In terms of family asset allocation,differences in the number and gender of children will prompt families to adopt different investment portfolio strategies.Based on this,this paper uses the Probit model and the Tobit model to empirically analyze the impact of the number and gender of children on the efficiency of family asset allocation,and draws the following conclusions:Overall,the increase in the number of children will lead to the tendency of family risk assets to participate and asset allocation efficiency insignificantly reduced;the increase in the families of boys and the number of boys will lead to a significant reduction in the willingness of families to invest in risky assets and the efficiency of family asset portfolios.Based on the analysis of the research results,this article puts forward certain suggestions from the three levels of the government,financial supervision departments,financial institutions and households.
作者
辛波
张尧
Xin Bo;Zhang Yao
出处
《劳动经济评论》
2021年第2期90-109,共20页
Labor Economic Review
基金
山东省社会科学规划研究项目“基于行为视觉的山东省建材零售行业供应链外部整合研究”(项目编号:14CGLJ20)
教育部人文社会科学规划基金研究项目“新型农村社区建设中公共产品供给侧改革研究”(项目编号:17YJA630021)
山东省社会科学规划重点研究项目“山东省美丽乡村建设中公共产品供给侧改革问题研究”(项目编号:18BJJJ04)
山东工商学院财富管理特色建设项目“对影响乡村居民财富配置因素的实证分析”(项目编号:2019ZBKY027)资助
关键词
子女数量
子女性别
家庭资产
配置效率
number of children
gender of children
family asset
allocation efficiency
作者简介
辛波,山东工商学院金融学院(财富管理学院)教授。E-mail:ytxinbo9898@126.com;张尧,山东工商学院金融学院(财富管理学院)硕士研究生
