Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/gam/jijfss/v12y2024i4p113-d1520304.html
   My bibliography  Save this article

Unraveling Youth Indebtedness in China: A Case Study Based on the “Debtors Avengers” Community on Douban

Author

Listed:
  • Junan Zhang

    (Social Work Department, College of Humanities and Law, Shanghai Business School, Shanghai 201400, China)

  • Dong Liu

    (Social Work Department, College of Humanities and Law, Shanghai Business School, Shanghai 201400, China)

Abstract
Over-indebtedness is an increasingly serious issue among young people in China. Using Atlas.ti, this study analyzes textual data from the online community “Debtors Avengers” on Douban.com, applying a combined framework of life cycle and credit liberalization hypotheses. The findings reveal that youth indebtedness is not solely driven by irrational consumer behavior but is closely linked to economic activities during specific life stages. Structurally, it reflects sociofinancial digitization and normalized credit use. Factors such as life circumstances, financial literacy, labor market instability, and public safety risks contribute to a “debt spiral”. Addressing these challenges requires the refinement of financial policies, enhanced education, and intervention in financial aggression.

Suggested Citation

  • Junan Zhang & Dong Liu, 2024. "Unraveling Youth Indebtedness in China: A Case Study Based on the “Debtors Avengers” Community on Douban," IJFS, MDPI, vol. 12(4), pages 1-20, November.
    • Handle: RePEc:gam:jijfss:v:12:y:2024:i:4:p:113-:d:1520304
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7072/12/4/113/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7072/12/4/113/
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijfss:v:12:y:2024:i:4:p:113-:d:1520304. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.