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This research article investigates the impact of the income expectation gap on household consumption behavior using data from the China Household Finance Survey. It finds that the income expectation gap significantly inhibits household consumption, particularly through diminished risk preferences and increased precautionary saving motives, with liquidity ratios and credit availability serving as mitigating factors. The study provides insights into the psychological aspects of consumption decisions and sugge
- Author
- Aibie Gelizon Bongcac
- Language
- EN