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Does Digital Finance Upgrade Trickle-down consumption effect in China?
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Does Digital Finance Upgrade Trickle-down consumption effect in China? (2022)Does Digital Finance Upgrade Trickle-down…Does technology innovation in finance alleviate financing constraints and reduce debt-financing costs? Evidence from China (2021)Does technology innovation in…Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions (2020)Signaling Status: The Impact …Digital Financial Inclusion and Consumption Smoothing in China (2020)Digital Financial Inclusion a…The impact of digital finance on household consumption: Evidence from China (2019)The impact of digital finance…Consumption Network Effects (2016)Consumption Network EffectsEnvy and Habits: Panel Data Estimates of Interdependent Preferences (2015)Envy and Habits: Panel Data E…Expenditure Cascades (2014)Expenditure CascadesConsumption and social identity: Evidence from India (2012)Consumption and social identi…Conspicuous consumption and “race”: Evidence from South Africa (2012)Conspicuous consumption and “…The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China (2011)The Competitive Saving Motive…Conspicuous Consumption and Race* (2009)Conspicuous Consumption and R…Smooth it Like the ‘Joneses’? Estimating Peer‐Group Effects in Intertemporal Consumption Choice (2008)Smooth it Like the ‘Joneses’?…The Chinese Saving Puzzle and the Life-Cycle Hypothesis (2004)The Chinese Saving Puzzle and…Keeping up with the Joneses: Consumption Externalities, Portfolio Choice, and Asset Prices (1994)Keeping up with the Joneses: …Consumption and Capital Market Imperfections: An International Comparison (1989)Consumption and Capital Marke…Equity, envy, and efficiency (1974)Equity, envy, and efficiencyThe impact of digital inclusive finance on enterprise digital technology innovation: empirical evidence from the Chinese manufacturing industry (2025)The impact of digital inclusi…Digital finance, rural E-commerce development and consumption upgrading (2025)Digital finance, rural E-comm…The impact of digital financial usage on resident’s income inequality in China: An empirical analysis based on CHFS data (2024)The impact of digital financi…How does digital inclusive finance affect the ecological environment? Evidence from Chinese prefecture-level cities (2023)How does digital inclusive fi…Digital economy and consumption upgrading: scale effect or structure effect? (2023)Digital economy and consumpti…Income, Saving and the Theory of Consumer Behavior. 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Evidence from the financing constraints perspective (2022)Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)Marriage and Family in East Asia: Continuity and Change (2015)The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade (2016)The Theory of Moral Sentiments (1759)Job Market Signaling (1973)Veblen Effects in a Theory of Conspicuous Consumption (1996)Subtle Signals of Inconspicuous Consumption (2010)The Psychology of Competition (2013)The Compensatory Consumer Behavior Model: How self‐discrepancies drive consumer behavior (2016)Income, Saving, and the Theory of Consumer Behavior (1950)Utility analysis and the consumption function: An interpretation of cross-section data (1954)An Economic Theory of Self-Control (1981)Building a More Mobile America—One Income Quintile at a Time (2015)Trickle-Down Consumption (2016)Why do Americans believe in economic mobility? 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References

  • 1974Equity, envy, and efficiency1,027 cited
  • 2011The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China990 cited
  • 2019The impact of digital finance on household consumption: Evidence from China961 cited
  • 1994Keeping up with the Joneses: Consumption Externalities, Portfolio Choice, and Asset Prices640 cited
  • 2009Conspicuous Consumption and Race*612 cited
  • 2004The Chinese Saving Puzzle and the Life-Cycle Hypothesis575 cited
  • 1989Consumption and Capital Market Imperfections: An International Comparison372 cited
  • 2014Expenditure Cascades224 cited
  • 2016Consumption Network Effects177 cited
  • 2012Conspicuous consumption and “race”: Evidence from South Africa144 cited
  • 2021Does technology innovation in finance alleviate financing constraints and reduce debt-financing costs? Evidence from China142 cited
  • 2020Digital Financial Inclusion and Consumption Smoothing in China135 cited
  • 2020Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions116 cited
  • 2015Envy and Habits: Panel Data Estimates of Interdependent Preferences98 cited
  • 2008Smooth it Like the ‘Joneses’? Estimating Peer‐Group Effects in Intertemporal Consumption Choice

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98 cited
  • 2012Consumption and social identity: Evidence from India87 cited
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    • 2023How does digital inclusive finance affect the ecological environment? Evidence from Chinese prefecture-level cities75 cited
    • 2023Digital economy and consumption upgrading: scale effect or structure effect?68 cited
    • 2024The impact of digital financial usage on resident’s income inequality in China: An empirical analysis based on CHFS data31 cited
    • 2025The impact of digital inclusive finance on enterprise digital technology innovation: empirical evidence from the Chinese manufacturing industry22 cited
    • 2025Digital finance, rural E-commerce development and consumption upgrading20 cited