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predictions from a formal model, we present evidence that households' trust in financial advice only matters when their perceived … circumstances should not be much different. - Financial Advice ; Trust ; Consumer Protection ; Household Finance …
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predictions from a formal model, we present evidence that households' trust in financial advice only matters when their perceived …
Persistent link: https://www.econbiz.de/10013130159
perceived own financial capability, it is either trust in financial advice or their perception of consumer protection that …
Persistent link: https://www.econbiz.de/10013069606
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Is financial literacy a substitute or complement for financial advice? In this paper we analyze the decision by consumers to seek financial advice in the form of credit counseling concerning their credit and debt. Credit counseling is an important component of the consumer credit sector for...
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