This study examines the association between asset poverty and happiness in urban China. Asset poverty refers to the insufficiency of assets to satisfy basic household needs for a limited period of time, and data come from a 2002 survey conducted as part of the Chinese Household Income Project. The findings suggest that asset poverty is negatively related to happiness. Asset poverty has a greater marginal effect on happiness among low-income households than among those with higher incomes. The association between asset poverty and happiness is partially mediated by precautionary savings, the household living standard, perceived fairness of the income distribution, and predicted future income. The study discusses the implications of the findings for developing asset-building programmes to improve happiness.

研究探討了在中國城市地區的資產貧困和幸福感的關系。資產貧困是指短期內缺乏資金用於滿足基本的家庭需要。數據來源於2002年的調查，此調查是中國家庭收入項目的一部分。發現顯示出，資產貧困與幸福感成反比關系。資產貧困對低收入家庭的幸福感有更強烈的邊緣效應。資產貧困和幸福感的關系也受預防儲蓄、家庭生活標准、收入分配公平感和預計未來收入的影響。本文討論了研究結果對發展資產建設項目以提高幸福感的啟示。

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