Abstract
ABSTRACT Based on CFPS2014 and CFPS2018 data, this study investigates the impact of natural disasters on risky financial assets investment (RFAI) of Chinese urban households. The results show that natural disasters can significantly reduce the decision and intensity of household RFAI. Families with permanent jobs, higher education level and property income tend to adopt RFAI. The household population size negatively affects the household RFAI decision.
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