Digital inclusive finance and the resilience of households involved in financial markets

Geng Peng and Fang Liu

Finance Research Letters, 2024, vol. 69, issue PB

Abstract: This paper develops a multidimensional framework composed of resistance ability, recovery ability and transition ability to measure the resilience of households involved in financial markets, and then discusses the impact of digital inclusive finance. Taking Chinese households holding financial assets as the research sample, we unveil that the majority of households display low financial resilience and there are great differences among them. We also discover that the development of digital inclusive finance has positive influence on household financial resilience, and the use of online financial services has a mediating effect.

Keywords: Digital inclusive finance; Household financial resilience; Entropy weight method; Online financial behaviors (search for similar items in EconPapers)
JEL-codes: D14 G11 G50 I31 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324013175

DOI: 10.1016/j.frl.2024.106288

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