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Digital financial inclusion, educational attainment and household consumption

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  • Luo, Lei

Abstract

This paper selects the survey data of CHFS in 2017, 2019, and 2021 as a sample to explore the relationship between digital financial inclusion, educational attainment, and household consumption and finds that the development of digital financial inclusion promotes residents' consumption; the educational attainment of residents is positively correlated with household consumption; the leverage of household residents plays a mediating role in the relationship between digital financial inclusion and household consumption; and there is a difference in the impact of digital financial inclusion on household consumption differs between urban and rural residents.

Suggested Citation

  • Luo, Lei, 2024. "Digital financial inclusion, educational attainment and household consumption," Finance Research Letters, Elsevier, vol. 68(C).
    • Handle: RePEc:eee:finlet:v:68:y:2024:i:c:s1544612324010067
    DOI: 10.1016/j.frl.2024.105976
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