Social Endowment Insurance and Inequality of the Household Portfolio Choice: The Moderating Effect of Financial Literacy

China implements different social endowment insurance policies between urban and rural areas which may cause differences in investment decisions of urban and rural households. Based on the 2013 to 2017 China Household Finance Survey (CHFS) data and the two-way fixed effect panel model, this study ai...

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Bibliographic Details
Main Authors: Rui Li, Jing Wu, Shuo Zhang, Siqing Zhang, Yuanyang Wu
Format: Article
Language:English
Published: SAGE Publishing 2023-02-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440231152399