Social networks, inclusive finance, and residents' well-being: An empirical study based on CFPS

Junming Li, Miaomiao Chen and Jiayang Liu

Finance Research Letters, 2024, vol. 65, issue C

Abstract: Using data from the China Family Panel Studies (CFPS), this paper investigates how social networks and inclusive finance affect residents' well-being. The empirical results indicate that social networks can significantly enhance residents' well-being, and inclusive finance can play a significant positive moderating role in the influence of social networks on residents' well-being, suggesting a complementary relationship between the impacts of social networks and inclusive finance on residents' well-being. Further analysis shows that the positive moderating effect of inclusive finance in the relationship between social networks and residents' well-being is more pronounced in regions with higher levels of marketization.

Keywords: Social network; Inclusive finance; Residents’ well-being (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324005440
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:65:y:2024:i:c:s1544612324005440

DOI: 10.1016/j.frl.2024.105514

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 ().