Does COVID-19 Affect Household Financial Behaviors? Fresh Evidence From China
Dados Bibliográficos
| AUTOR(ES) | |
|---|---|
| AFILIAÇÃO(ÕES) | China Agricultural University, Beijing, China, Gezhouba Group No. 2 Engineering Co., Ltd., Chengdu, China, Sichuan Agricultural University, Chengdu, China |
| ANO | 2022 |
| TIPO | Artigo |
| PERIÓDICO | SAGE Open |
| ISSN | 2158-2440 |
| E-ISSN | 2158-2440 |
| DOI | 10.1177/21582440221119481 |
| CITAÇÕES | 1 |
| ADICIONADO EM | 2025-08-18 |
Resumo
Based on online survey data from 2020, the present study employed a logit model to examine the effects of COVID-19 on household financial behaviors in China. Additionally, the KHB (Kohler, Karlson, Holm) model was employed to explore the pathway through which COVID-19 affects household financial behaviors. These analyses revealed that household saving and borrowing behaviors were more sensitive to COVID-19 than insurance and investment behaviors. Moreover, the effects of COVID-19 on household saving and investment behaviors were found to be mediated by attitudes toward COVID-19. These findings suggest that more effective measures to reduce households' panic attitude to public health emergencies can diminish fluctuations in household financial behaviors in the short term.