Description
Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary.
With contributions from an international range of active researchers, this Research Agenda provides a timely literature review on core topics related to consumer financial behavior. Chapters cover financial management behavior, desirable financial behavior and any financial behavior that helps improve financial wellbeing.
The Research Agenda is split into two parts, first covering determinants of financial behavior and then outcomes. Top scholars in the field explore a broad range of determinants, including financial literacy, education, socialization, access, technology, retirement policies, trading and investment, and neuroscience. The book moves on to explore financial capability, wellbeing, fragility and vulnerability, offering a comprehensive examination of the topic.
Economics and financial behavior researchers and students will benefit from the thorough and incisive literature reviews in this Research Agenda. It will also be a valuable resource for business practitioners looking for an up-to-date insight on research in the field.
Trade Review‘This book is a delightful guide and an upfront review of the economic and behavioral approach to how people manage their finances. It is a collection of the most recent findings for those who seek to acquire new knowledge on consumer financial literacy and financial technology. The book makes significant scientific contributions to the current literature.’ -- Sisira Colombage, Federation University Australia, Australia
Table of ContentsContents: Acknowledgments of the reviewers xvii 1 Introduction to A Research Agenda for Consumer Financial Behavior 1 Jing Jian Xiao and Satish Kumar PART I DETERMINANTS OF FINANCIAL BEHAVIOR 2 Financial literacy and financial behavior 19 Kirti Goyal and Satish Kumar 3 Consumer financial education and financial behavior 33 Makiko Hashinaga 4 Financial socialization and financial behavior 47 Jill M. Norvilitis 5 Consumer cash-flow management and budgeting behavior 59 Rameshkumar Subramanian and Arjun T P 6 Bankruptcy: the result of failed financial relationships 73 Rita W. Green 7 Financial access and financial behavior 89 Julie Birkenmaier and Qiang (John) Fu 8 Consumer insurance behavior 103 Srijanani Devarakonda, Falguni H. Pandya, Pankaj Sahu, and Kexin Meng 9 Financial technology and consumer financial behavior 117 Mathieu Despard 10 Mobile banking usage behavior 131 Andrews Agya Yalley and Rebecca Dei Mensah 11 Consumer retirement planning behavior 145 Sunwoo T. Lee, Kyoung Tae Kim and Sherman D. Hanna 12 Retirement policy and saving behavior 157 Bomikazi Zeka 13 Consumer estate planning behavior 171 Blain Pearson 14 Consumer investment behavior 183 Ajinkya Dhanagare, Suman Saurabh and Preeti Roy 15 Consumer behavior in cryptocurrency adoption 197 Monika Sheoran, Devashish Das Gupta and Alpana Karanjule 16 Trading and investing behavior during COVID-19 213 Douglas J. Lamdin 17 Neuroscience and consumer financial behavior 225 Weng Marc Lim, Markson Wee Chien Chin, Yaw Seng Ee, Carolina Sandra Giang, Kiat Sing Heng, Melinda Lian Fah Kong, Bibiana Chiu Yiong Lim, Rodney Thiam Hock Lim, Tze Yin Lim, Chui Ching Ling, Symeon Mandrinos, Lisa Lee Hua Ngui, Stanley Nwobodo, Chia Hua Sim and Elizabeth Ai Lin Voong PART II OUTCOMES OF FINANCIAL BEHAVIOR 18 Consumer financial behavior and financial capability 245 Muhammad S. Tahir and Daniel W. Richards 19 Financial behavior and financial wellbeing 259 Tim S. Griesdorn, Lucy M. Delgadillo and Luke Erickson 20 Financial behavior and financial fragility 273 Malvika Chhatwani and Sudipta Sen 21 Health, financial behavior, and financial vulnerability during COVID-19 287 Swarn Chatterjee and Jinhee Kim 22 Financial behavior and financial wellbeing of LGBT+ 299 Lucy M. Delgadillo Index
