https://orcid.org/0000-0001-6525-0316
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ABSTRACT
Using the data from the China’s Digital Inclusive Finance Index and the China Household Finance Survey, this paper analyzes the relation between digital finance and happiness of residents. We find that digital finance can significantly increase the probability of happiness and the degree of happiness. We also find that digital finance can significantly increase the probability of being very happy, as well as making residents living in town areas and non-risk appetites happier. We expand the evidence for the inclusive role of digital finance.
Disclosure statement
No potential conflict of interest was reported by the authors.
Data availability statement
Data supporting the findings are available for free online application. The data of digital finance come from https://www.idf.pku.edu.cn/zsbz/index.htm, and the data of micro variables such as residents’ happiness come from https://chfser.swufe.edu.cn/datas/.