연세-용운 2023년 서베이 데이터를 활용한 암호화폐 투자자의 경제적 선호 및 인구통계학적 특성에 대한 연구
A Study on the Economic Preferences and Demographic Characteristics of Cryptocurrency Investors Using the 2023 Yonsei-Yongwoon Survey Data
0
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
본 연구에서는 연세-용운 2023년 서베이 자료를 활용하여 한국 암호화폐 투자자의 경제적 선호 및 인구통계학적 특성에 대해 조사하였으며, 주요 결과는다음과 같다. 기존 문헌에서의 결과와 마찬가지로 암호화폐 투자자는 위험기피도가 떨어지며 젊은 남자일 가능성이 높은 것으로 나타났다. 하지만 해당 서베이자료의 또 다른 중요한 경제적 선호 변수 중 하나인 인내심의 경우, 암호화폐투자여부와 양의 상관관계가 있는 것으로 나타났는데 이러한 결과는 다양한 뉴스매체에서 우려하는 것처럼 암호화폐 투자자들이 단순한 단타족이 아니라 보다장기적으로 암호화폐 투자에 임하고 있을 가능성을 시사한다. 또한 월 평균 지출액이 많거나, 부업이 있거나, 대기업에 다니거나, 대출금액이 많은 응답자가 암호화폐에 투자할 가능성이 높은 것으로 나타났다. 마지막으로 우리나라 두 개의주요 정당에 대해 우호적으로 생각하는 응답자가 암호화폐에 투자할 가능성이높은 것으로 나타났는데, 이러한 결과는 암호화폐 투자와 정치적 성향 간의 관계를 보여주는 흥미로운 결과라 할 수 있다.
Abstract
In this study, we utilized the 2023 Yonsei-Yongwoon survey data to investigate the economic preferences and demographic characteristics of cryptocurrency investors in Korea. The main findings are as follows: Similar to the results in existing literature, cryptocurrency investors are likely to be young men with lower risk aversion. However, in terms of patience, another important economic preference variable in the survey data, there was a positive correlation with cryptocurrency investment. This suggests that, contrary to concerns raised by various news media, cryptocurrency investors may not be mere short-term traders but are likely to engage in long-term investment. Additionally, respondents with higher monthly expenditures, side jobs, employment at large corporations, or higher loan amounts were more likely to invest in cryptocurrencies. Finally, respondents who had favorable views towards the two major political parties in Korea were more likely to invest in cryptocurrencies, showing an interesting relationship between cryptocurrency investment and political inclination.
참고문헌 (26)
- 김민정, "암호자산 투자자는 누구인가? - 암호자산 투자자 특성및 투자 결정요인 분석", 소비자학연구, 30(3), pp.153~176 (2019)
- 김상일, "암호화폐 개인 특성이 투자의도에 미치는 영향에 관한 실증적연구", 디지털산업정보학회 논문지, 19(2), pp.147~160 (2023)
- 백지원, "개인의 경제적 선호와 성격유형간 상관관계에 대한 연구: 연세-용운설문조사 자료를 중심으로", 산업조직연구, 30(3), pp.1~34 (2022)
- 장연석, "사회적 영향과 개인성향이 암호화폐 지속투자 의도에 미치는 영향", The Journal of Internet Electronic Commerce Research, 22(5), pp.115~134 (2022)
- Ardoğan, Ahment R., "Financial Literacy, Behavioral Biases and Participation in Crypto Asset Markets", Eskişehir Osmangazi Üniversitesi İİBF Dergisi, 18(3), pp.880~902 (2023)
- Auer, Raphael, "Distrust or Speculation? The Socioeconomic Drivers of U.S. Cryptocurrency Investments", Journal of Financial Stability, 62, pp.101066~ (2022)
- Private Digital Cryptoassets as Investment? Bitcoin Ownership and Use in Canada, 2016-2021, "Balutel, Daniela", Bank of Canada, ~, pp.Bank of Canada Staff Working Paper, 2022-10 (2022)
- Balutel, Daniela, "Crypto and financial literacy of cryptoasset owners versus non-owners: The role of gender differences", Journal of Financial Literacy and Wellbeing, 1(3), pp.514~540 (2023)
- Balutel, Daniela, "Bitcoin awareness, ownership and use: 2016–20", Applied Economics, 56(1), pp.33~58 (2024)
- Bannier, Christina, "The Gender Gap in ‘Bitcoin literacy’", Journal of Behavioral and Experimental Finance, 22, pp.129~134 (2019)
- Bucher-Koenen, Tabea, "How Financially Literate are Women? An Overview and New Insights", Journal of Consumer Affairs, 51(2), pp.255~283 (2017)
- Christin, Nicolas, "Traveling the Silk Road: A Measurement Analysis of a Large Anonymous Online Marketplace", Proceedings of the 22nd International Conference on World Wide Web, pp.213~224 (2013), ACM
- El-Chaarani, Hani, "Psychological and demographic predictors of investment in cryptocurrencies during a crisis in the MENA region: the case of Lebanon", Journal of Economic and Administrative Sciences
- Foley, Sean, "Sex, Drugs, and Bitcoin: How Much Illegal Activity is Financed through Cryptocurrencies?", Review of Financial Studies, 32(5), pp.1798~1853 (2019)
- Fonseca, Raquel, "What Explains the Gender Gap in Financial Literacy? The Role of Household Decision Making", Journal of Consumer Affairs, 46(1), pp.90~106 (2012)
- Fujiki, Hiroshi, "Who Adopts Crypto Assets in Japan? Evidence from the 2019 Financial Literacy Survey", Journal of the Japanese and International Economies, 58, pp.101107~ (2020)
- Halaburda, Hanna, "The Microeconomics of Cryptocurrencies", Journal of Economic Literature, 60(3), pp.971~1013 (2022)
- 2018 Bitcoin Omnibus Survey: Awareness and Usage, "Henry, Christopher", Bank of Canada, ~, pp.Bank of Canada Discussion Paper 2019-10 (2019)
- Hiroshi, Fujiki, "Who Adopts Crypto Assets in Japan? Evidence from the 2019 Financial Literacy Survey", Journal of the Japanese and International Economies, 58, pp.101107~ (2020)
- Levkov, Nikola, "Profile and Financial Behaviour of Crypto Adopters - Evidence from Macedonian Population Survey", South East European Journal of Economics and Business, 17(2), pp.172~185 (2022)
- Lusardi, Annamaria, "The Economic Importance of Financial Literacy:Theory and Evidence", Journal of Economic Literature, 52(1), pp.5~44 (2014)
- Nakamoto, Satoshi, "Bitcoin: A Peer-to-Peer Electronic Cash System" (2008), Mimeo
- Nemeczek, Fabian, "Insights on Crypto Investors from a German Personal Finance Management App", Journal of Risk and Financial Management, 16(4), pp.248~ (2023)
- U.S. Consumers’ Adoption and Use of Bitcoin and other Virtual Currencies, "Schuh, Scott", Federal Reserve Bank of Boston, ~ (2016)
- Stix, Helmut, "Ownership and Purchase Intention of Crypto-assets: Survey Results", Empirica, 48, pp.65~99 (2021)
- Tasca, Paolo, "The Evolution of the Bitcoin Economy:Extracting and Analyzing the Network of Payment Relationships", Journal of Risk Finance, 19(2), pp.94~126 (2018)