Internet Usage and Household Investment on Risky Financial Assets

作者：Rundong Guo

摘要：Using panel data from the China Family Panel Studies for 2010,2014 and 2016,this paper uses a two-part model,with the first part using a fixed-effects panel logit model and the second part using a linear logit fixed-effects model to study the impact of Internet usage on Chinese households’participation in risky financial markets and the intensity of investment in risky assets after participation.The results find that Internet usage can promote household participation in the risky finance market and increase household investment in risky assets.Therefore,accelerating Internet usage can promote Chinese households’participation in the risk finance market.

发文机构：Capital University of Economics and Business

关键词：InternetusageRiskyfinancialinvestmentTwo-partmodel

分类号： TP3[自动化与计算机技术—计算机科学与技术]