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6156文章基于2011年、2013年和2015年中国家庭金融调查（CHFS）三期面板数据，实证研究了风险态度对中国城乡家庭创业决策和创业强度的影响，并对影响创业规模的作用机制进行了识别和检验。研究发现：（1）家庭风险偏好越高越有利于家庭作出创业决策和经营决策，通过工具变量对潜在的内生性问题进行处理后，这种影响依然显著，并且该效应在城镇居住的农村户籍家庭中表现得更为明显；（2）偏好风险的家庭更能拓宽正式和非正式融资渠道，缓解融资约束，从而更有利于其作出家庭创业和经营决策；（3）偏好风险的家庭具有更高的人际信任水平，从而更有可能进行家庭创业或提升创业规模。文章为理解风险态度影响家庭创业行为选择和家庭创业强度的作用机制提供了新的经验证据，从而为中国经济在由高速增长阶段向高质量发展阶段的转型过程中如何更好地激励家庭创业、促进初创企业融资提供了政策参考。
风险态度对中国城乡家庭创业的影响分析——来自中国家庭金融调查3期面板数据的证据
摘要
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引用本文
张云亮, 冯珺, 赵奇锋, 等. 风险态度对中国城乡家庭创业的影响分析——来自中国家庭金融调查3期面板数据的证据[J]. 财经研究, 2020, 46(3): 154-168.
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