Does Covid-19 Affect Household Financial Behaviors? Fresh Evidence From China
Bibliographic Data
| ID | 3336316 |
|---|---|
| Authors | Hua Guo (0000-0001-9901-053X), Guo Hua (0000-0002-6377-317X, Sichuan Agricultural University), Yang Zhang (0000-0001-6777-3487, Sichuan Agricultural University, corresponding author), Yanling Peng (0000-0001-6920-2610, Sichuan Agricultural University), Tong Luo (0009-0000-2876-6970, Sichuan Agricultural University), Hong Wang (0000-0003-2405-7311, Gezhouba Group (China)) |
| Year | 2022 |
| Volume | 12 |
| Issue | 3 |
| Publication date | 2022-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | SAGE Open (JOURNAL) |
| Journal identifiers | ISSN: 2158-2440 • E-ISSN: 2158-2440 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/21582440221119481 |
| OpenAlex | W4293231761 |
| Language | EN |
| Citations received | 2 |
| References cited | 55 |
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
Business · China · Demographic economics · Econometrics · Economics · Financial crisis · Household income · Logistic regression · Logit · Monetary economics · Public economics · Survey data collection · COVID-19 Pandemic Impacts · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Medicine · Psychology
Preference and belief
Financial markets under the global pandemic of Covid-19
Risk Aversion, Wealth, and Background Risk
Sentiments and emotions evoked by news headlines of coronavirus disease (Covid-19) outbreak
Migration status, emotional engagement, and social exclusion in Chinese schools
How Do Households Allocate Their Assets? Stylised Facts from the Eurosystem Household Finance and Consumption Survey
Measuring Consumer Willingness to Pay to Reduce Health Risks of Contracting Dengue Fever
Covid-19 Pandemic
Emotional and Behavioral Consequences of the Covid-19 Pandemic
The Impact of Covid-19 on the Insurance Industry
Stock Market Reactions to Covid-19 Pandemic Outbreak
Mental accounting matters
Covid‐19 and Finance
Financial Literacy and Financial Behaviour
Statistical modelling of key variables in social survey data analysis
The moderator–mediator variable distinction in social psychological research
Understanding knowledge effects on attitude-behavior consistency
Comparing Regression Coefficients Between Same-sample Nested Models Using Logit and Probit
Impact of Covid-19 Pandemic on Consumer Economy
Conformity Consumer Behavior and External Threats
Total, Direct, and Indirect Effects in Logit and Probit Models
Consumer Confidence and Household Saving Behaviors
| Unique citing works | 2 |
|---|---|
| Citations per year | 1 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 2 |