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The impact of health concerns on household financial asset allocation in the context of population aging

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  • Li, Degang
  • Bo, Lili

Abstract

This paper utilizes data from the Comprehensive Social Conditions Survey (CSS) in China as an empirical sample to examine the impact of health concerns on household financial asset allocation in the context of population aging. The study finds a significant positive correlation between health concerns and household financial asset allocation, with this correlation exhibiting heterogeneity among different marital status groups and internet usage groups; financial pension security plays a mediating role in the relationship between health concerns and household financial asset allocation.

Suggested Citation

  • Li, Degang & Bo, Lili, 2025. "The impact of health concerns on household financial asset allocation in the context of population aging," Finance Research Letters, Elsevier, vol. 85(PB).
    • Handle: RePEc:eee:finlet:v:85:y:2025:i:pb:s1544612325011560
    DOI: 10.1016/j.frl.2025.107898
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    References listed on IDEAS

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    1. Chen Chen & Wenkuo Li & Juan Liu & Hongling Xie, 2026. "The utilization level of medical resources, health capital and financial asset allocation of middle-aged and elderly households," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 13(1), pages 1-14, December.

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