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-being, which consider how meaningful an activity is for a household and how happy, sad, tired, in pain, and stressed respondents … financial management activities relative to other activities. Furthermore, the results suggest increases in household time … activities as vexing, reinforcing the need for financial stewardship support to promote household well-being. …
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We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …
Persistent link: https://www.econbiz.de/10010380024
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Studies noticed that individuals' cognitive, psychological, and behavioral limitations always have some influence in their everyday decision making. And the financial decisions are no exceptions. Perhaps it can be affirmed that individual financial decisions do have cognitive influence. This is...
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behavior are found across cultural groups, controlling for household characteristics. Financial behavior tends to converge with …
Persistent link: https://www.econbiz.de/10010372577
behavior are found across cultural groups, controlling for household characteristics. Financial behavior tends to converge with …
Persistent link: https://www.econbiz.de/10010403682
Persistent link: https://www.econbiz.de/10012648295
The Eurozone fiscal crisis has created pressure for institutional harmonization, but skeptics argue that cultural predispositions can prevent convergence in behavior. Our paper derives a robust cultural classification of European countries and utilizes unique data on natives and immigrants....
Persistent link: https://www.econbiz.de/10012061562