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...

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Bibliographic Details
Main Authors: Xun Wang, Xue Wang
Format: Article
Language:English
Published: KeAi Communications Co. Ltd. 2022-12-01
Series:China Economic Quarterly International
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666933122000533