生活满意度的提高能促进家庭生育吗？金融素养效应的机制与异质性分析

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-08-15 DOI:10.1016/j.frl.2025.108176

Fengming Zheng , Yu Tang , Hao Jin

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引用次数: 0

摘要

本研究基于2017年、2019年、2021年和2023年中国家庭金融调查（CHFS）的面板数据构建计量经济模型，系统考察生活满意度影响家庭生育的途径。它进一步深入分析了金融知识在这种关系中的调节作用。实证结果表明，生活满意度对家庭生育率有显著的正向驱动作用，这种关联的强度受到家庭金融素养水平的调节。此外，生活满意度对家庭生育的影响表现出显著的区域异质性。城乡对比分析表明，生活满意度对家庭生育的促进作用在城乡二元结构中存在显著差异，城市居民的影响明显强于农村居民。

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Can improvements in life satisfaction promote family fertility? An analysis of the mechanisms and heterogeneity of financial literacy effects

This study constructs an econometric model based on panel data from the China Household Finance Survey (CHFS) for the years 2017, 2019, 2021, and 2023 to systematically examine the pathways through which life satisfaction influences household fertility. It further offers an in-depth analysis of the moderating role of financial literacy within this relationship. Empirical results reveal that life satisfaction exerts a significant positive driving effect on household fertility, with the strength of this association being moderated by the level of household financial literacy. Additionally, the impact of life satisfaction on household fertility exhibits marked regional heterogeneity. Comparative analysis between urban and rural areas shows that the promoting effect of life satisfaction on household fertility differs significantly within the urban-rural dual structure, with the influence being notably stronger among urban residents than rural households.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance