The model presented here derives the product life cycle of durable goods. It is based on the idea that the purchase process consists of first purchase and repurchase. First purchase is determined by the market penetration process (diffusion process), while repurchase is the sum of replacement...

This paper investigates the determinants of student choice of under­graduate major field. It argues that this choice depends on a variety of pecuniary and non-pecuniary factors. After allowing for the recent trends toward Accounting and Business Administration, the empirical results indicate...

This article deals with this issue in a relevant emerging market and in a pioneering manner. University students (n = 769), in São Paulo/Brazil, replied to a questionnaire about their credit card use habits. Using Logit models it was seen that there exist associations between personal...

Prior research has showed that the subjective perception of objective wealth might be affected by various individual difference variables, such as one’s love of money, level of aspirations, and materialistic inclinations. This paper examines a model of subjective wealth that controls attitudes...

The objective of this study is to proffer and then empirically investigate for the U.S. what is being identified as the “small firms hypothesis,” i.e., a hypothesis that the greater the percentage of firms that are “small,” the greater the percentage of the population that will be...

The aim of this paper is to identify how the mobility between different types of broadly defined occupation (hired work, self-employment in industry, services and agriculture or social security beneficiaries) changes personal income of individuals. We apply the Markov matrices to the panel data...

Abstract This study is aimed at explaining factors influencing the intention amongst bank customers in selecting Islamic home financing that is musharakah mutanaqisah home financing. Drawing upon the theory of planned behaviour (the TPB), this study proposes a model to examine the effects of...

This paper examines a model of economic status satisfaction (money satisfaction) that controls attitudes toward money, income level and gender. Money attitudes were measured with SPP scale (Gąsiorowska, 2003), fully developed in Polish environment, and better adjusted to Polish conditions than...

In the 2001 U.S. Survey of Consumer Finances (SCF), 27% of households report simultaneously revolving significant credit card debt and holding sizeable amounts of liquid assets. These consumers report paying, on average, a 14% interest rate on their debt, while earning only 1 or 2% on their...