Research Status and Trend of Family Finance-Based on Visual Analysis of Journal Papers from CNKI and WOS

Abstract

With the sustained economic growth, the importance of family finance has become increasingly prominent. In this research, the papers collected by Chinese National Knowledge Infrastructure (CNKI) and Web of Science (WOS) were visually analyzed via CiteSpace software, and a knowledge map for the field of family finance was constructed, which displayed the current situation, hotspots, and trends of family finance research from multiple angles in an all-round way. The results show that the number of published Chinese and English papers is increasing year by year, among which English papers are mainly contributed by American scholars, with relatively little cooperation and exchange between countries. In Chinese literature, the cooperation between authors and institutions is also limited. At present, the research in the field of family finance is ushering in a stage of rapid development, and the research hotspots mainly focus on financial literacy, financial knowledge, risk finance, and inclusive finance. Given this, the future research should focus on the cooperation among authors, institutions, and disciplines, and meanwhile, increase in-depth research on digital finance, and digital divide. These efforts will promote the further development of research in the field of family finance in China.