Does social pension insurance increase the efficiency of household financial portfolios?

Xueying Liu and Zhong Zhao

Finance Research Letters, 2025, vol. 81, issue C

Abstract: This study examines how social pension insurance influences household financial portfolio efficiency using data from the 2019 China Household Finance Survey. Findings reveal that social pension insurance significantly improves portfolio efficiency, primarily through risk attitude and precautionary savings.

Keywords: Social pension insurance; Household portfolios; Sharpe ratio; Efficiency; Risk attitude; Precautionary savings; Financial asset (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612325005860
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:81:y:2025:i:c:s1544612325005860

DOI: 10.1016/j.frl.2025.107323

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().