基于人力资本的我国个人投资理财研究-区域经济学专业论文.docxVIP

燕山大学经济学硕士学位论文AbstractFromEconomicsviewpoint,human’slifeistheprocessofreciprocaltransformationbetweenhumancapitalandfinancialcapital．ToIrlakeupmindsaboutvariousfinancialstrategies，individualinvestorsnotonlyhavetoconsidersuchconunollfactorsinfluencinginvestment船risk，yield，butalsoneedtotakeindividuallifecycleintoconsideration,ortobemorespecific，individualfinancialcycle．HoweveLwe，afterathoroughinvestigation，mydiscoverthatthefundamentalprincipletodividefinancialcycleisnotmadeaccordingtophysiologybutbasedonthevarietyofhumancapitalindifferentlifecycle．Humancapital，inthissense，referstotheabilitytomakemoney．Basedonthis，thepaperfocusesOlldomesticandforeignfinancialtheoriesandmodels，thenexpatiatesthedefinitionandcategoriesofindividualinvestmentfinancingandanalyzesomeinvestmentpoolandstrategies．andatlastpointsoutaneffectivesolutiontoindividualinvestmentfinancingforChineseinvestors．Whenitcomestotheoreticalmodel，the‘papergivesadetailedstudyoftheinnovationandlimitationofhumancapitalinvestmentmodelputforwardbyBoscaljonin2004．Andbesides，thisresearch,throughsimplifyingandexpandingtheformermodel，comesupwithanewindividualinvestmentfinancingmodel．Asfarasempiricalresearchisconcerned，thispapertakesurbanresidentsinBeOingforexampletoconductaregionalanalyse．Throughanalyzingstatisticsoftheirdiscretionaryincome，livingexpendituresandconsBlnerpriceindexandmakinguseofportfolioandriskevaluationmethods，thepaperformsthesimplestandardmodelandtheannuitymodel．Theconsequenceindicatesthat，asforincomelevelandconsumptionlevelinBeringarea,individualinvestorsCanmakesomeportfoliowithintheirworkinglifetomeettheirwealthtarget：．Thatistosay,investors，evenundertheIIAbstractsituationthattheyhavenoincomeandsocialwelfare，canstillaccumulateenoughwealthtoaffordtheirlivingexpensesafterretirementbyoptimizingportfolioduringtheirworkinglife．KeywordsHumancapital；Individualinvestmentfinancing；Assetallocation；Portfolio；Life—cycletheorynI燕山大学硕士学位论文原创性声明本人郑重声明：此处所提交的硕士学位论文《基于人力资本的我国个人投资理财研究》，是本人在导师指导下，在燕山大学攻读硕士学位期问独立进行研究工作所取得的成