张冀教授的论文被 Applied Economics Letters 接受发表

张冀教授和张彦泽等人共同撰写的学术论文“How does competition for funds in the wealth management market impact Chinese households' risky financial investment?”于2022年3月被Applied Economics Letters 接受发表。

论文摘要

This paper analyzes the relationship between the competition for funds in the wealth management market and Chinese households’ risky financial investment. Through mechanism analysis, we find that the competition for funds in the wealth management market reduces Chinese households’ risky financial investment by increasing the interest rate of financial products and making breakeven commitments. Further analysis suggests that medium and high solvency households have more expectations for break-even and are more affected by the competition for funds in the wealth management market.

作者介绍

张冀，对外经济贸易大学风险管理与保险学系教授（链接）