Using US household panel data, we provide evidence of a strong negative association between consumer fraud victimization and individuals’ perception of their financial well-being. We show that this effect is homogenous among the population and mainly stems from victimization through...

Many households still rely solely on bank deposits, despite the existence of subsidized pension products that guarantee the capital preservation and offer higher expected returns than holding money in bank deposits. We investigate the determinants that affect individuals' decision to leave money...

Using nationally representative US data, we show that women possess weaker knowledge regarding the characteristics of Bitcoin compared to men. Investigating the determinants driving this gap, we find that socio-demographics and personality traits explain only a small share of the gap. Adding...

This study investigates whether the use of mobile payment technology is associated with individuals' credit card (mis-)behavior. Using a sample of more than 25,000 US households, we find that individuals using their smartphones to conduct mobile payments are more likely to exhibit costly credit...