Journal of Consumer Affairs最新文献

The Hedonic Penalty in Supporting Low-Income Consumers' Needs 支持低收入消费者需求的享乐惩罚

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-09-25 DOI: 10.1111/joca.70028

Hoori Rafieian, Anubhav Aggarwal, Eric Hamerman, Qi Di Zheng

引用次数: 0

Factors and Determinants of Financial Behaviors That Undermine Financial Well-Being: A Qualitative Study 破坏财务健康的财务行为的因素和决定因素：一项定性研究

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-09-09 DOI: 10.1111/joca.70025

Tania Morris, Lamine Kamano, Vicky Therrien

{"title":"Factors and Determinants of Financial Behaviors That Undermine Financial Well-Being: A Qualitative Study","authors":"Tania Morris, Lamine Kamano, Vicky Therrien","doi":"10.1111/joca.70025","DOIUrl":"https://doi.org/10.1111/joca.70025","url":null,"abstract":"<p>This paper aims to identify the factors, their determinants, and indicators contributing to financial behaviors that may be detrimental to people's financial well-being. A qualitative methodology was employed, involving financial professionals and members of the general population. The theory of planned behavior was inductively used as an analytical framework. The results suggest that detrimental financial behaviors are shaped by (1) attitudes such as financial apprehension, rigid financial mindsets, and lack of awareness; (2) social influences including relational pressure, sociocultural norms, geographic context, social media, and marketing; (3) perceived behavioral control factors such as limited knowledge, environmental conditions, financial ecosystem, and insufficient education; and (4) ingrained financial habits, including avoidance, cognitive biases, overconsumption, and lifestyle orientation. The originality of this research lies in the new insights it offers into the cognitive and psychological processes shaping financial behaviors. The findings interest stakeholders such as government bodies, financial education developers, researchers, and regulators.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":"59 3","pages":""},"PeriodicalIF":3.2,"publicationDate":"2025-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joca.70025","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145012744","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Exploring Consumption Stigma: A Systematic Literature Review and Future Research Agenda 探索消费污名：系统文献回顾与未来研究议程

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-09-04 DOI: 10.1111/joca.70027

Siti N. Suwanda, Emily C. Tanner, Farnoush Reshadi, M. Paula Fitzgerald

引用次数: 0

What My Parents Did for Me: Parental Financial Sacrifice, Money Scripts, and Financial Behaviors Among Hong Kong Youths in Low-SES Households 我的父母为我做了什么：低经济地位家庭中父母的经济牺牲、金钱脚本与香港青少年的金融行为

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-08-27 DOI: 10.1111/joca.70026

Xiaomin Li, Ashley Kuelz, Muhammad Aamir Khan, Ashley B. LeBaron-Black

{"title":"What My Parents Did for Me: Parental Financial Sacrifice, Money Scripts, and Financial Behaviors Among Hong Kong Youths in Low-SES Households","authors":"Xiaomin Li, Ashley Kuelz, Muhammad Aamir Khan, Ashley B. LeBaron-Black","doi":"10.1111/joca.70026","DOIUrl":"https://doi.org/10.1111/joca.70026","url":null,"abstract":"<div>\u0000 \u0000 <p>Drawing on the family financial socialization model, this study examines parental financial sacrifice—parents prioritize their children's future over their own financial needs—and its associations with youths' financial behaviors. We investigated three types of financial behaviors: (1) short-term management (e.g., saving and spending), (2) long-term management (e.g., investing), and (3) financial enabling (e.g., over-giving or oversharing). Additionally, we explored the mediating role of money scripts—emotionally charged beliefs about money—and their organization into distinct profiles. Based on cross-sectional data from 1000 Hong Kong youths in low-SES households, we found that higher-level parental financial sacrifice was associated with healthier short- and long-term money management but lower-level financial enabling. These associations were mediated by money script profiles—the diverse combinations of money-related beliefs. These results underscore the distinctive financial socialization experiences of youths in low-SES households while highlighting the value of understanding money script profiles to mitigate their challenges.</p>\u0000 </div>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":"59 3","pages":""},"PeriodicalIF":3.2,"publicationDate":"2025-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144905583","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Online Shopping and Financial Literacy Among the Elderly 网上购物与老年人的理财知识

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-08-21 DOI: 10.1111/joca.70023

Xu Cui, Jing Jian Xiao, Jinpeng Wang

引用次数: 0

Payment Preference or Necessity: Who Uses BNPL and Why 支付偏好或必要性：谁使用BNPL和为什么

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-08-21 DOI: 10.1111/joca.70024

Jeff Larrimore, Alicia Lloro, Zofsha Merchant, Anna Tranfaglia

引用次数: 0

“Pathways” to Financial Well-Being: The Role of Perceptions of Economic Mobility, Trait Hope, and Financial Capability for Minority and Low-Income Consumers 财务福利的“途径”：少数民族和低收入消费者对经济流动性、特质希望和财务能力的看法的作用

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-08-19 DOI: 10.1111/joca.70020

Jonathan Ross Gilbert, Daniel A. Sheinin, Jing Jian Xiao, Bo Wen

{"title":"“Pathways” to Financial Well-Being: The Role of Perceptions of Economic Mobility, Trait Hope, and Financial Capability for Minority and Low-Income Consumers","authors":"Jonathan Ross Gilbert, Daniel A. Sheinin, Jing Jian Xiao, Bo Wen","doi":"10.1111/joca.70020","DOIUrl":"https://doi.org/10.1111/joca.70020","url":null,"abstract":"<div>\u0000 \u0000 <p>Lack of economic mobility is an intractable problem in which people are trapped in a vicious intergenerational cycle of struggle that disproportionately affects people from historically marginalized communities (HMCs) such as Black or African American and Hispanic or Latino households. Perceived financial well-being (FWB) has been linked with proactive behaviors and financial decision-making that can help people build a bridge to higher levels of mobility, financial satisfaction, and life satisfaction. However, finding factors that positively affect FWB has proven elusive for people from HMCs. Our contributions to addressing this gap are: (1) examining the role of perceived economic mobility (PEM), a new factor in the FWB literature; (2) incorporating the psychosocial variable trait hope, the first time a positive psychological resource variable is introduced into this domain; (3) understanding the importance of financial capability (FC); and (4) obtaining a large sample of primary data from households in poor neighborhoods headed by racial or ethnic minorities. Based on structural equation modeling, PEM has a positive influence on FWB, which is mediated by FC. Moreover, trait hope moderates the relationship between PEM and FC. Importantly, PEM and trait hope can be shaped by public-policy interventions, suggesting avenues for enhancing perceived FWB among people in HMCs.</p>\u0000 </div>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":"59 3","pages":""},"PeriodicalIF":3.2,"publicationDate":"2025-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144869849","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A National Risk Aversion Perspective on Pension Contributions and Benefits Paid: Insights From OECD Countries 国家风险规避视角下的养老金缴费和福利支付：来自经合组织国家的见解

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-08-19 DOI: 10.1111/joca.70021

Van Dinh, Thai Le, Huong Phung

{"title":"A National Risk Aversion Perspective on Pension Contributions and Benefits Paid: Insights From OECD Countries","authors":"Van Dinh, Thai Le, Huong Phung","doi":"10.1111/joca.70021","DOIUrl":"https://doi.org/10.1111/joca.70021","url":null,"abstract":"<div>\u0000 \u0000 <p>This study delves into the role of national risk aversion culture and other institutional factors, such as financial efficiency, stock market volatility, technology development, age dependency, labor education, life expectancy, and mortality rate, in shaping pension contributions and paid benefits, with evidence drawn from OECD countries. Reputable data sources, such as OECD Statistics, the Global Preference Survey, Global Financial Data, and World Development Indicators, were utilized in the study. The authors adopted a two-way fixed effects regression model and other alternative estimators (FGLS and GMM) to address heteroscedasticity, serial correlation, and potential endogeneity. The sensitivity and robustness checks confirmed the significant impact (more than 60%) of national risk aversion and other institutional factors on pension contributions and benefits paid. This study aims to bridge the gap between theoretical perspectives and practical implications for policymakers and individuals in developing suitable risk-based pension programs and improving the management practices of pension systems.</p>\u0000 </div>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":"59 3","pages":""},"PeriodicalIF":3.2,"publicationDate":"2025-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144869513","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The Relationship Between Financial Satisfaction and Financial Literacy: A Structural Equation Modeling Approach 财务满意度与财务素养的关系：一个结构方程模型方法

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-08-18 DOI: 10.1111/joca.70022

Joelle H. Fong, Talia Ye Tao

{"title":"The Relationship Between Financial Satisfaction and Financial Literacy: A Structural Equation Modeling Approach","authors":"Joelle H. Fong, Talia Ye Tao","doi":"10.1111/joca.70022","DOIUrl":"https://doi.org/10.1111/joca.70022","url":null,"abstract":"<p>This study examines the relationship between financial literacy and financial satisfaction in Singapore, focusing on possible behavior-based paths to satisfaction. We establish a conceptual framework building on past theories to address the possible interconnections among financial knowledge, behaviors, and attitudes and their relationships with satisfaction, and empirically test the model using national-representative data and structural equation modeling. Results highlight the importance of financial knowledge as a key driver of satisfaction through behavior-based pathways. We find that the association between knowledge and satisfaction is largely indirect: financially knowledgeable individuals tend to engage in financial planning behaviors, which in turn improve satisfaction. Furthermore, financial attitude serves as a separate mediating factor in the path from knowledge to satisfaction. Financially savvy respondents are more likely to exhibit rational financial attitudes, which contribute to positive behaviors that, ultimately, increase satisfaction. These results are robust to alternative empirical specifications. The observed relationships are stronger for males than females. Our findings underscore the importance of behavioral and psychological factors as mediators, which bear implications for financial education initiatives and public policy.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":"59 3","pages":""},"PeriodicalIF":3.2,"publicationDate":"2025-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/joca.70022","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144861687","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Enhancing Financial Knowledge Through High School Education: The Effect of Mandated Economics and Personal Finance Courses 通过高中教育提高金融知识：强制性经济学和个人理财课程的效果

IF 3.2 3区经济学

Journal of Consumer Affairs Pub Date : 2025-08-13 DOI: 10.1111/joca.70019

Taufiq Hasan Quadria, Israt Jahan

引用次数: 0