Household Saving Behaviour and Credit Constraints in the Euro Area

Blanc, Julia Le; Porpiglia, Alessandro; Teppa, Federica; Zhu, Junyi; Ziegelmeyer, Michael

doi:10.2139/ssrn.2621479

Cited by 17 publications

(15 citation statements)

References 31 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Le Blanc et al . (2018) contend that household saving behaviour in the life cycle model has a precautionary life cycle, retirement, and bequest motives.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Some studies (e.g. Bokosi, 2004; Le Blanc et al ., 2018; Wabei, 2012) have focused on one aspect of household finance: household stock ownership behaviour, household credit behaviour, and household savings behaviour and as a result cannot reveal patterns for household financing. Numerous research (e.g.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Le Blanc et al (2018) contend that household saving behaviour in the life cycle model has a precautionary life cycle, retirement, and bequest motives. The intertemporal model of income, savings, and consumption developed by Keynes (1936) assumes a representative household that owns some wealth and earns income.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Campbell (2006) recognized that demographic factors such as income, age, race, education, and self-reported risk attitude might predict a household's willingness to take on financial risk. Le Blanc et al (2018) found that demographic factors contributed to the probability of savings in the Euro area. However, they found mixed results for the country-by-country analysis.…”

Section: Hypothesis Developmentmentioning

confidence: 99%

See 3 more Smart Citations

What factors influence household financial decisions in Malawi?

Kachepa,

Mumtaz

2023

AJEMS

View full text Add to dashboard Cite

PurposeThis study investigates the factors influencing household financial choices in Malawi. The authors also compare how household financial decisions differ in urban and rural areas.Design/methodology/approachThe authors utilize the logit model to examine the factors that influence household financial decisions using the Malawi Integrated Household Survey 2019–20, while Oaxaca–Blinder decomposition is used to estimate the variations in household financial decisions between urban and rural areas.FindingsThe authors find that the likelihood of saving increases with income, secondary and tertiary education, and age. The likelihood of saving also decreases with household size and remittances. Additionally, the authors report that marriage reduces the likelihood of loans, whereas sex, age, and income raise the likelihood of loans. According to this study’s findings, income discrepancies between urban and rural samples account for most observed household financial variations. The authors also find that most of the observed variations in household financial decision-making between urban and rural households are reduced when income equality, participation in agriculture, university education, and household size are considered.Originality/valueUsing data from the Malawi Integrated Household Survey 2019–20, this research analyzes the components that affect household financial decisions. While most studies only look at one component of household finances, this study concurrently addresses debt and savings. The study also evaluates whether changes in the variables between urban and rural households impact those households' financing choices.

show abstract

“…Le Blanc et al . (2018) contend that household saving behaviour in the life cycle model has a precautionary life cycle, retirement, and bequest motives.…”

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Hypothesis Developmentmentioning

confidence: 99%

See 2 more Smart Citations

What factors influence household financial decisions in Malawi?

Kachepa,

Mumtaz

2023

AJEMS

View full text Add to dashboard Cite

show abstract

“…Overall, we contribute to highlighting opportunities for further development in 1) security and financial freedom; and 2) financial well-being. Female-headed households tend to be more financially insecure (McKnight, 2019), and more prone to credit constraints (Blanc et al ., 2015), so it is important to analyze the relations on financial resilience, financial anxiety and aspects of financial management during times of crisis (Tahir et al ., 2022), such as the COVID-19 pandemic. Therefore, we present an evidence-based analysis of the financial aid policy implemented during the pandemic and its impact on the financial lives of single-parent women.…”

Section: Introductionmentioning

confidence: 99%

Government emergency aid and perceived financial security in COVID-19: evidence from a sample of vulnerable women in Brazil

Dutra

Flores

Vieira

et al. 2023

IJBM

View full text Add to dashboard Cite

PurposeThe purpose of this study is to examine if public policy satisfaction is related with perceived financial security. The public policy examined is an emergency income policy in Brazil.Design/methodology/approachThe authors used a questionnaire to interview a random sample of 235 single-parent women who received Emergency Aid (EA) resources in Brazil during the pandemic. The questionnaire included measures of financial security, financial anxiety, financial resilience and profile aspects. The authors applied a multiple regression approach to identify the determinants of financial security during the pandemic.FindingsOur findings show that factors such as satisfaction with the emerging income policy and financial resilience are positively related to perceived financial security. Financial anxiety, financial fragility and job loss in the pandemic are negatively related with perceived financial security.Research limitations/implicationsWhile our results correspond to a random probabilistic sample of women residing in southern Brazil, they may not be generalizable to Brazil as a whole.Practical implicationsThis study provides evidence of the financial situation in the pandemic for the lives of economically vulnerable women. The research encourages government and financial institutions to understand the unique challenges faced by vulnerable populations during the pandemic and analyzes the direct results of EA. The study contributes to the establishment of policies to support vulnerable populations, encouraging security and financial resilience.Originality/valueThis research is innovative in its analysis of women’s financial situations during the pandemic, taking into consideration both behavioral aspects and profiles. Our focus on a specific case of emergency income policy adds to the understanding of the relation of such policies on vulnerable populations.

show abstract

Use of Financial Instruments Among the Chilean Households

Madeira

2023

Lecture Notes in Operations Research

View full text Add to dashboard Cite

Household Saving Behaviour and Credit Constraints in the Euro Area

Cited by 17 publications

References 31 publications

What factors influence household financial decisions in Malawi?

What factors influence household financial decisions in Malawi?

Government emergency aid and perceived financial security in COVID-19: evidence from a sample of vulnerable women in Brazil

Use of Financial Instruments Among the Chilean Households

Contact Info

Product

Resources

About