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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...
Persistent link: https://www.econbiz.de/10015219135
Prior research has showed that the subjective perception of objective wealth might be affected by various individual … model of subjective wealth that controls attitudes toward money and objective wealth. Subjective wealth has been … income to fulfill needs and wants. Objective wealth has been captured by personal net income as well as household income …
Persistent link: https://www.econbiz.de/10015242439
This review systematically examines the expenditure patterns of low-income households, focusing on how limited financial resources influence their spending decisions. It reveals that a significant portion of income is devoted to necessities such as food, shelter, and utilities, leaving little...
Persistent link: https://www.econbiz.de/10015214424
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...
Persistent link: https://www.econbiz.de/10015216746
The corona virus pandemic has dramatically changed the economic outlook for the United States and many other countries. In June this year, the Federal Reserve published its unemployment predictions. From a July 2020 level of 10.2%, it expects the year-end ratio to drop to 9.3%; by the end of...
Persistent link: https://www.econbiz.de/10015218412
desirability of introducing a negative base rate in future. The U.K. households’ main net wealth items were and are: private … pensions and property wealth. Over the period July 2006-June 2008, property wealth was assessed at £3.537 trillion and private … pension wealth at £2.886 trillion. By the period April 2016-March 2018 net property wealth had grown to £5.09 trillion and …
Persistent link: https://www.econbiz.de/10015222780
In the financial accounts as collected by the U.S. Federal Reserve, one Balance Sheet item stands out: “The Household Balance Sheet over the period 2000-2020”. In Q4 2005, the market value of households’ real estate assets was $14.416 trillion. By Q4 2011 the market value had dropped to...
Persistent link: https://www.econbiz.de/10015226047
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...
Persistent link: https://www.econbiz.de/10015227464
. Its wealth recovery took from Q1 2007, where the wealth level stood at $1.41 trillion until Q3 2017, to return to wealth … and saw their wealth grow over this period to $28.03 trillion. For the top 10% of U.S. households, their wealth grew by 52 …
Persistent link: https://www.econbiz.de/10015229417
implications are that savings and wealth levels are also denominated in the same currency. Does this mean that wealth factors like … estimated at €4.3 trillion. With Italy’s government revenues in 2019 of €758 billion, the fact that nearly €5 trillion of wealth …
Persistent link: https://www.econbiz.de/10015232702