Medical insurance, health risks, and household financial asset allocation: evidence from China household finance survey

• Main Authors: Chengming Li (Author), Jiashan Li (Author), Chenchen Zhai (Author), Xiaoqi Dong (Author), Zhengyu Jiang (Author), Shaoxiang Jiang (Author)
• Format: Book
• Published: Frontiers Media S.A., 2023-12-01T00:00:00Z.
• Subjects: article
• Online Access: Connect to this object online.

There is a lack of micro evidence on whether medical insurance may optimize the household financial asset allocation by transferring health risk, despite the fact that health risk is a significant component driving families' precautionary savings. This article empirically examines the impact of...