Abstract
ABSTRACT Using the data from the China’s Digital Inclusive Finance Index and the China Household Finance Survey, this paper analyzes the relation between digital finance and happiness of residents. We find that digital finance can significantly increase the probability of happiness and the degree of happiness. We also find that digital finance can significantly increase the probability of being very happy, as well as making residents living in town areas and non-risk appetites happier. We expand the evidence for the inclusive role of digital finance.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
