Impacts of Chinese’s household financial asset allocation on consumption
DOI:
https://doi.org/10.54691/bcpbm.v25i.1834Keywords:
Household financial asset allocation, Property income, Wealth affectAbstract
With the development Chinese economy in recent years, property income plays an important role on the income sources of Chinese households. It is inevitable to pay more attention on property income. Property income mainly comes from the financial asset income and real assets income. Both of income sources are transmitted to the mechanism through the wealth affect the consumption status of urban residents. This paper will analyze how the wealth effect of financial assets and physical assets to affect the whole economy and consumption, and then put forward corresponding policy recommendations.
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References
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