Investment in children’s higher education and household asset allocation in China
This paper explores how the anticipated expenditure on children’s college education affects household asset allocation, applying a two-stage budgeting model of asset demand by using the 2016 China Family Panel Studies Data (CFPS). The empirical results show that if a household plans to send a child...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2022-12-01
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| Series: | Journal of Applied Economics |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/15140326.2022.2107371 |