重新审视 COVID-19 大流行期间的金融脆弱性：来自台湾的证据

IF 4.3 2区经济学 Q1 BUSINESS, FINANCE

Journal of Behavioral and Experimental Finance Pub Date : 2024-09-21 DOI:10.1016/j.jbef.2024.100993

Hung-Ling Chen , Yuan-Lin Hsu , Chi-Yang Lu

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引用次数: 0

摘要

本研究探讨了台湾 COVID-19 大流行期间自我控制和金融知识对财务脆弱性的影响。研究结果表明，认知因素（金融知识）和非认知/情感因素（自我控制）都与个人的财务脆弱性显著相关。值得注意的是，与金融知识相比，自我控制对财务脆弱性的影响更大。与自我控制能力强的受访者相比，自我控制能力低的受访者的金融知识水平明显较低。此外，同时具有高自控力和高金融知识的受访者出现金融脆弱性的可能性最低。在对遗漏变量和内生性进行评估后，这些结果是稳健的。

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Revisiting financial fragility during the COVID-19 pandemic: Evidence from Taiwan

This study examines the impact of self-control and financial literacy on financial fragility during the COVID-19 pandemic in Taiwan. The findings indicate that both cognitive (financial literacy) and non-cognitive/affective (self-control) factors are significantly associated with individuals' financial fragility. Notably, self-control exerts a stronger impact on financial fragility than financial literacy. Individuals with low self-control exhibit significantly lower financial literacy compared to their high self-control counterparts. Additionally, respondents with both high self-control and high financial literacy experience the lowest likelihood of financial fragility. These results are robust after assessing for omitted variables and endogeneity.

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来源期刊

Journal of Behavioral and Experimental Finance BUSINESS, FINANCE-

CiteScore

13.20

自引率

6.10%

发文量

审稿时长

69 days

期刊介绍： Behavioral and Experimental Finance represent lenses and approaches through which we can view financial decision-making. The aim of the journal is to publish high quality research in all fields of finance, where such research is carried out with a behavioral perspective and / or is carried out via experimental methods. It is open to but not limited to papers which cover investigations of biases, the role of various neurological markers in financial decision making, national and organizational culture as it impacts financial decision making, sentiment and asset pricing, the design and implementation of experiments to investigate financial decision making and trading, methodological experiments, and natural experiments. Journal of Behavioral and Experimental Finance welcomes full-length and short letter papers in the area of behavioral finance and experimental finance. The focus is on rapid dissemination of high-impact research in these areas.