Digital financial inclusion and household risk sharing: Evidence from China's digital finance revolution
This paper examines how digital finance development affects household risk sharing in China. We provide convincing evidence that households that experience idiosyncratic negative shocks on income growth exhibit a disproportionally lower level of reduction in idiosyncratic consumption growth in regio...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
KeAi Communications Co. Ltd.
2022-12-01
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Series: | China Economic Quarterly International |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666933122000533 |