Research on Household Financial Asset Allocation Based on Population Aging
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v5i3.2357
Abstract
With the intensification of population aging, household financial asset allocation is facing new challenges. This paper analyzes the trend of population aging and its impact on the financial market, and discusses the relative changes of high risk assets and low risk assets in household financial asset allocation, and how to allocate assets according to households' risk appetite and investment goals. This paper reviews and analyzes relevant literature at home and abroad, and uses the data of China Household Finance Survey (CHFS) from 2015 to 2019 to explore the impact of population aging on household financial asset allocation.
Keywords
population aging, household asset allocation, household wealth structure, risk management
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[2] Yu Jingwen, Yao Xiangchen. Population Age structure and financial structure: Macro facts and micro mechanisms [J]. Financial Research,2019,No.466(04):20-38.
[3] Zhou Hui Jun, Shen Ji, Gong Liutang. Health Status of middle-aged and elderly people and household asset allocation: from the perspective of asset liquidity [J]. Economic Research Journal, 2019,55(10):193-208.
[4] CAI Liang. The impact of population Aging on household financial asset allocation and countermeasures [J]. Financial Science and Technology,2022,No.526(05):41-46.
[5] The impact of Population Aging on household risk financial asset allocation Pin, 2022, No. 777 (7): 29-31, DOI: 10.19932/j.carol carrollnki.22-1256/F2022.07.029.
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