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populations into the financial mainstream. We use data from the 2013 Chinese Household Finance Survey (CHFS) to investigate the …
Persistent link: https://www.econbiz.de/10012943090
and saved over time, and how households' marginal propensities to consume (MPCs) vary with household characteristics and …
Persistent link: https://www.econbiz.de/10012869106
The famous saying “keeping up with the Joneses” is a generational behavior that is still deeply interwoven in the behavioral fabric of our modern-day society. This paper aims to address and contribute to the existing literature by investigating the determinants of individual non-mortgage...
Persistent link: https://www.econbiz.de/10012870791
Using a unique dataset of over 6,000 clients of a German advisory firm who have received rule-based financial advice on basic retirement provision and the insurance of major life risks, we investigate households' response to advice when the risk of product misselling is effectively minimized....
Persistent link: https://www.econbiz.de/10012970878
Using a representative sample of credit card holders from a Chinese commercial bank with a 10% credit card market share, we investigate how consumers respond to an unexpected interest rate decrease that automatically reduces interest expenses for all mortgagors in the country and thereby...
Persistent link: https://www.econbiz.de/10012850684
The article quantifies the contributions made by different household groups to the change in the aggregate household … labour market deterioration – the findings show that certain household groups reduced their expenditure over the course of …
Persistent link: https://www.econbiz.de/10012857805
We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …
Persistent link: https://www.econbiz.de/10013051017
We show that after the revelation of corporate fraud in a state, household stock market participation in that state …-standard-deviation increase in fraud revelation due to the presence of Arthur Andersen's clients increases the probability that a household exits …
Persistent link: https://www.econbiz.de/10013018498
post-retirement motives to affect household behavior while the number and age of all children can affect the marginal …
Persistent link: https://www.econbiz.de/10013022153
financial decisions in a manner that his goals are achieved. The process of financial planning and decision-making in household … Planning process consciously and whether this was linked to household decision-making, especially in the social and economic … areas. This paper also examines gender inequality in household decision-making and how household decision-making evolves …
Persistent link: https://www.econbiz.de/10012986343