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Maria Schneider-Reißig untersucht das Wissen und die Fähigkeiten von Verbrauchern im Umgang mit Krediten. Dies wird …
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The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous consumption. It reports three main findings: First,...
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Demographic changes, tight public budgets, and reduced generosity of occupational pension plans shift the responsibility for an adequate retirement provision towards the individual. Applying the theoretical perspectives of Behavioural Finance and New Institutionalism to the domain of retirement...
Persistent link: https://www.econbiz.de/10013139316
an overview of theoretical research which casts financial knowledge as a form of investment in human capital …. Endogenizing financial knowledge has important implications for welfare as well as policies intended to enhance levels of financial … knowledge in the larger population. Next, we draw on recent surveys to establish how much (or how little) people know and …
Persistent link: https://www.econbiz.de/10013083409
an overview of theoretical research which costs financial knowledge as a form of investment in human capital …. Endogenizing financial knowledge has important implications for welfare as well as policies intended to enhance levels of financial … knowledge in the larger population. Next, we draw on recent surveys to establish how much (or how little) people know and …
Persistent link: https://www.econbiz.de/10013083975