TITLE:
The Vulnerability of Household Finance and Its Effects: A Literature Review and Prospects
AUTHORS:
Bingyao Xie, Jianhong Tao
KEYWORDS:
Household Finance, Vulnerability, Financial Resilience, Asset Allocation, Financial Literacy
JOURNAL NAME:
Open Journal of Business and Management,
Vol.13 No.2,
March
7,
2025
ABSTRACT: With the continuous deepening and profound adjustment of the macroeconomy and financial market, household financial fragility has become a hot topic. This paper reviews the related literature on household financial fragility and conducts an in-depth analysis of the factors and effects that influence household financial fragility. Based on this, it proposes effective strategies to enhance household financial resilience.