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The body mass index (BMI) is an effective measure of human health recommended by the World Health Organization. When it measures whether the body has health risks, the evaluation results are more objective and relevant than the subjective evaluation results of family members' illness, self-measured health level, mental health status, subjective happiness and so on. Therefore, we use the Chinese General Social Survey 2017 years data, using probit model , by controlling the demographic characteristics of the family, wealth, Internet use, out-of-pocket medical expenses, such as variables, and analyses the influence of BMI family involved in the influence of risk investment and holding the proportion of financial assets. The results showed that the BMI had a significant positive correlation with the proportion of households participating in and holding risky financial assets. Moreover, variables such as age, total household income, education level, home ownership and Internet use all showed significant correlations.


BMI household asset allocation risky financial assets stock investment

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How to Cite
Kefeng, Y., & Xiaoxia , Z. (2021). The Impact of Health Risk on Household Risky Financial Asset Allocation is Analyzed Based on CGSS2017 Data. CENTRAL ASIAN JOURNAL OF INNOVATIONS ON TOURISM MANAGEMENT AND FINANCE, 2(10), 1-12.


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