Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/311931 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 17492
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This study investigates the impact of social pension insurance on the efficiency of household financial portfolios, utilizing data from the 2019 wave of the China Household Finance Survey. Our findings indicate that social pension insurance significantly enhances the efficiency of household financial portfolios, partly through the channels of risk attitude and precautionary savings.
Subjects: 
social pension insurance
household portfolios
sharpe ratio
efficiency
JEL: 
G59
J24
I28
Document Type: 
Working Paper

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