Similar Search Results

Households' financial resilience, risk perceptions, and financial literacy : evidence from a survey experiment

Bucher-Koenen, Tabea; Fessler, Pirmin; Silgoner, Maria … - 2023 - This version: 21 December 2023

We examine the financial resilience of Austrian households, relating it to their experience of financial shocks earlier in life and to their financial literacy. We find that previous negative (positive) financial shocks are negatively (positively) related to financial resilience. Financial...

Persistent link: https://www.econbiz.de/10014473206

Households' risk perceptions, overplacement, and financial literacy

Bucher-Koenen, Tabea; Fessler, Pirmin; Silgoner, Maria … - 2024

Household financial resilience is related to the availability of financial resources but also to the ability to anticipate and assess future situations and prepare for them accordingly. Overplacement describes the tendency of individuals to rate themselves better than others, i.e. they believe...

Persistent link: https://www.econbiz.de/10015075031

Vulnerability in a stochastic dynamic model

Elbers, Chris; Gunning, Jan Willem - 2003 - Rev.

Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the household consumed permanently at the poverty line. The...

Persistent link: https://www.econbiz.de/10011334363

Household savings decision and income uncertainty

Beznoska, Martin; Ochmann, Richard - 2010

uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …-induced variation of net returns to savings is expected to have no significant effects on the level of savings. Moreover, we find …

Persistent link: https://www.econbiz.de/10009261306

Household Savings Decision and Income Uncertainty

Beznoska, Martin - 2010

Persistent link: https://www.econbiz.de/10013138012

Policy Uncertainty and Precautionary Savings : Does a Possible Reduction of the Mortgage Interest Deduction Increase Savings in the Netherlands?

Mastrogiacomo, Mauro - 2015

We analyze whether uncertainty related to the outcome of future policy results in precautionary saving. We focus on an important cause of policy uncertainty for households in the Netherlands: the possible limitation of the mortgage interest deduction. To isolate the effect of policy uncertainty...

Persistent link: https://www.econbiz.de/10013017789

Income Uncertainty and Precautionary Saving : Evidence from Household Rotating Panel Data

Albarran, Pedro - 2001

The aim of this paper is to analyse precautionary saving associated with income risk over the last two decades in Spain; some empirical evidence seems to point to the extension of temporary job contracts in those years as an important source of uncertainty for Spanish households. I use a...

Persistent link: https://www.econbiz.de/10014138389

Consumer financial education and risky financial asset holding in China

Zhu, Ting; Xiao, Jing-jian - In: International journal of consumer studies 46 (2022) 1, pp. 56-74

Persistent link: https://www.econbiz.de/10012807981

For financial illiteracy

Dunn, Bill - In: The economic and labour relations review : ELRR 34 (2023) 2, pp. 299-313

Persistent link: https://www.econbiz.de/10014308834

Financial literacy, households' investment behavior, and risk propensity

Bajo, Emanuele; Barbi, Massimiliano; Sandri, Sandro - In: Journal of financial management, markets and institutions 3 (2015) 1, pp. 157-174

Persistent link: https://www.econbiz.de/10011951420

1
2
3
4
5
6
7
8
9
10
Next
Last