Complexity between Aging and the Structure of Financial Market: Empirical Evidence from Microdata

Table 1

Information on families’ financial assets in different waves of CFPS.

Financial assets	2010 wave	2012 wave	2014 wave	2016 wave	2018 wave
Cash and deposits	Yes	Yes	Yes	Yes	Yes
Stocks	Yes	Yes	No	No	No
Funds	Yes	Yes	No	No	No
Government bonds	Yes	Yes	No	No	No
Corporate bonds	No	No	No	No	No
Bonds (including government bonds and corporate bonds)	Yes	No	No	No	No
Derivatives	No	Yes	No	No	No
Debts owed to the family	Yes	Yes	Yes	Yes	Yes
Other financial assets	No	Yes	No	No	No
The sum of stocks, funds, government bonds, derivatives	No	Yes	Yes	No	No
The sum of stocks, funds, government bonds, trusts, foreign exchange assets	No	No	No	Yes	Yes
Financial assets (including cash, deposits, stocks, funds, government bonds, derivatives, and debts owed to the family)	No	Yes	Yes	No	No
Financial assets (including cash, deposits, stocks, funds, and debts owed to the family)	Yes	Yes	No	No	No

Note. Yes means that the information is available or can be calculated from the original datasets. No means the information is unavailable.