Household wealth is important in maintaining financial well-being during the family life cycle. In addition to education, job, and income, family and personality factors may contribute significantly to household wealth accumulation. We study the effects of the Big Five personality traits and...

Self-employed people without personnel mostly behave like consumers in applying mental budgeting to their business finances. Mental budgeting is positively related to tax compliance indicators. However, the role of financial management in this relationship between mental budgeting and tax...

Financially vulnerable consumers are often associated with suboptimal financial behaviors. Evaluated financial education programs so far show difficulties to effectively reach this target population. In our attempt to solve this problem, we built a behaviorally informed financial education...

In order to limit climate change it is important that people perform not only easy but also difficult pro-environmental behaviors. Studies suggest that people factor the difficulty and effort invested in previous pro-environmental behaviors into their future behaviors, and that people might...

Financially vulnerable consumers are often associated with suboptimal financial behaviors. Evaluated financial education programs so far show difficulties to effectively reach this target population. In our attempt to solve this problem, we built a behaviorally informed financial education...

Poverty is associated with a wide range of counterproductive economic behaviors. Scarcity theory proposes that poverty itself induces a scarcity mindset, which subsequently forces the poor into suboptimal decisions and behaviors. The purpose of our work is to provide an integrated, up-to-date,...

Purpose The purpose of this paper is to evaluate the effects of price and income changes on food and nutrient demand of rural households by including own-produced food and production-side effects in the demand estimation to correct potential measurement bias in the income and price elasticities...

Significant parts of populations in developed countries frequently worry and ruminate about their finances. Financial worry and rumination can have serious psychological consequences, resulting in lower psychological well-being, mental-health problems, and impaired cognitive functioning. The...