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

Author

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  • Peng, Geng
  • Liu, Fang

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.

Suggested Citation

  • Peng, Geng & Liu, Fang, 2024. "Digital inclusive finance and the resilience of households involved in financial markets," Finance Research Letters, Elsevier, vol. 69(PB).
    • Handle: RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324013175
    DOI: 10.1016/j.frl.2024.106288
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    References listed on IDEAS

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    1. Wensheng Wang & Yihuai Yan, 2025. "Effect of Digital Inclusive Finance on the Upgrading of the Consumption Structure of Rural Residents in China," SAGE Open, , vol. 15(2), pages 21582440251, April.

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    Keywords

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    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G50 - Financial Economics - - Household Finance - - - General
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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