scholarly journals Features of the financial behavior of student youth

POPULATION ◽  
2021 ◽  
Vol 24 (2) ◽  
pp. 41-52
Author(s):  
Dmitry Rogachev
Keyword(s):  
Young People ◽  
Consumer Preferences ◽  
Financial Behavior ◽  
Investment Behavior ◽  
Financial Instruments ◽  
Way Of Life ◽  
Factors Affecting ◽  
Financial Decisions ◽  
Saving Behavior ◽  
Characteristic Features

The article deals with characteristic features of the financial behavior of student youth and factors affecting it. This paper is based on the results of the author's survey that was conducted in the fall of2020and covered 1242students from 17 universities in Russia. It examines the attitude of young people to saving, consumer, and investment behavior. The author sought to finds out whether the consumer preferences of young students are consistent with their financial capabilities, and whether young people are satisfied with realization of their life plans. He analyzes the sources of income of students and the sums which they consider as savings. The problems of financial dependence of the younger generation on the older ones are discussed in this article. The differences in the financial behavior of students financially dependent on parents and those leading an independent way of life are analyzed. The article presents results of the survey of students' financial behavior related both to preservation and accumulation of capital, and to general strategies of saving behavior—saving for purchasing goods, medical treatment and services, education, etc. There are considered financial instruments used or planned to be used by the respondents in case of saving large sums of money. The article shows the differences in investment behavior, in use of financial instruments between independent and financially dependent students. There are examined discrepancies between the consumer preferences and the financial capabilities of student youth. The conducted study allows drawing a conclusion about the influence of family and parents, their attitudes, and views on the financial decisions of students, which are not always rational.

Factors Affecting Financial Literacy of Vietnamese Adults: A Case Study for Hanoi and Nghe An

2017 ◽  
Vol 33 (2) ◽  
Author(s):  
Tue Nguyen Dang
Keyword(s):  
Higher Education ◽  
Multiple Regression ◽  
Financial Literacy ◽  
Urban Areas ◽  
Logistic Models ◽  
Factors Affecting ◽  
Financial Behaviors ◽  
Financial Decisions ◽  
Literacy Level

This research examines the factors affecting the financial literacy of Vietnamese adults. Using a sample of 266 observations of adults in 2 big cities in Vietnam (Hanoi and Vinh in Nghe An Province), the author evaluates the literacy level of adults in these urban areas. The financial literacy of the interviewed people is low. The multiple regression results show that lower financial literacy levels associate with higher age and married status and higher financial literacy levels associate with higher education, more family members, the person making financial decisions and the person attending a useful financial course. This research also explores the association between financial literacy and financial behaviors of individuals employing logistic models. It is found that higher financial literacy associates with less probability of overspending and higher probability of saving money and careful spending. Higher financial literacy is also found to associate with higher probability of opening a savings account and making various investments. 

scholarly journals Decisions and Coordination in E-Commerce Supply Chain under Logistics Outsourcing and Altruistic Preferences

Mathematics ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 253
Author(s):  
Yuyan Wang ◽  
Zhaoqing Yu ◽  
Liang Shen ◽  
Runjie Fan ◽  
Rongyun Tang
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Stackelberg Game ◽  
Consumer Preferences ◽  
Third Party ◽  
Altruistic Behavior ◽  
Fixed Cost ◽  
Equilibrium Solutions ◽  
Factors Affecting ◽  
Dual Channel

Considering the peculiarities of logistics in the electronic commerce (e-commerce) supply chain (ESC) and e-commerce platform’s altruistic preferences, a model including an e-commerce platform, third-party logistics service provider, and manufacturer is constructed. Based on this, three decision models are proposed and equilibrium solutions are obtained by the Stackelberg game. Then, an “altruistic preference joint fixed-cost” contract is proposed to maximize system efficiency. Finally, numerical analysis is used to validate the findings of the paper. The article not only analyzes and compares the optimal decisions under different ESC models, but also explores the intrinsic factors affecting the decisions. This paper finds that the conclusions of dual-channel supply chains or traditional supply chains do not necessarily apply to ESC, and that the effect of altruistic behavior under ESC is influenced by consumer preferences. Moreover, there is a multiparty win–win state for ESC, and this state can be achieved through the “altruistic preference joint fixed-cost” contract. Therefore, the findings of this paper contribute to the development of an e-commerce market and the cooperation of ESC members.

The Role of Financial Behavior in Mediating the Influence of Socioeconomic Characteristic and Neuroticism Personality Traits on Financial Satisfaction

2021 ◽  
Vol 12 (1) ◽  
pp. 44-44
Author(s):  
Khaira Amalia Fachrudin
Keyword(s):  
Personality Traits ◽  
Structural Equation ◽  
Financial Behavior ◽  
Primary Data ◽  
Equation Modeling ◽  
Financial Satisfaction ◽  
Investment Behavior ◽  
Socioeconomic Characteristic ◽  
Spending Behavior ◽  
Debt Behavior

The inherent socioeconomic characteristics and personality traits of individuals can have direct effects on their financial satisfaction. There has been no research that examines the effects of these two factors on financial satisfaction with financial behavior acting as the mediating variable even though it is very important to know whether individuals with certain characteristics and personality traits are able to increase their financial satisfaction by improving their financial behavior. 2. Methods This research involved 600 respondents in Medan, Indonesia. The primary data were obtained from the questionnaire. Data analyses were performed by using the partial least squares structural equation modeling (PLS-SEM) method. 3. Results and findings The test results show that at 5% of alpha, the financial behavior, which consists of investment behavior, debt behavior, and spending behavior, is able to mediate the effects of gender, age, level of education, income, and neuroticism traits on financial satisfaction. In addition, it is also found that the higher the individuals' scores on neuroticism are, the worse their investment, debt, and spending behaviors will be; however, their herding behavior and financial dissatisfaction increase. Moreover, these people are also not financially well-off. Keywords: Debt behavior, financial satisfaction, investment behavior, neuroticism personality traits, spending behavior.

Historical and logical analysis of research on the development of professional value orientations of students in the context of Internet socialization

2020 ◽  
pp. 7-14
Author(s):  
Marina S. Chvanova ◽  
Irina A. Kiselyova
Keyword(s):  
Young People ◽  
20Th Century ◽  
Value Orientations ◽  
Logical Analysis ◽  
Early 20Th Century ◽  
Logical Sequence ◽  
Characteristic Features ◽  
Over Time ◽  
Professional Value

We examine the formation of the concept of “value orientations”, “professional value orientations of students”. The classification is presented taking into account the following profes-sional value orientations: “professional and personal”, “professional and group”, “social and pro-fessional”. Professional value orientations are analyzed taking into account their importance, with subdivision into instrumental and terminal ones. We consider the development of professional value orientations in a historical and logical sequence with a change of stages, with characteristic features, taking into account the presented classification. The following periods are considered: the second half of the 19th – early 20th century, 20–40s of the 20th century, 50–60s of the 20th century, 60–80s of the 20th century, 80–90s of the 20th century, 21th century. The characteristic features of the stage, the means of influencing the value orientations of young people, are analyzed, which made it possible to identify the transformation of professional value orientations over time, including in the context of Internet socialization.

Factors affecting heating energy-saving behavior of residents in hot summer and cold winter regions

2018 ◽  
Vol 95 (1-2) ◽  
pp. 193-206 ◽  
Author(s):  
Z. H. Ding ◽  
Y. Q. Li ◽  
C. Zhao ◽  
Y. Liu ◽  
R. Li
Keyword(s):  
Energy Saving ◽  
Cold Winter ◽  
Factors Affecting ◽  
Saving Behavior

The Executive Personal Finance Scale: Item Analyses

2007 ◽  
Vol 101 (3) ◽  
pp. 722-722
Author(s):  
David Lester ◽  
Marcello Spinella
Keyword(s):  
College Students ◽  
Factor Analysis ◽  
Personal Finance ◽  
Money Management ◽  
Investment Behavior ◽  
Factorial Structure ◽  
Scale Item ◽  
Saving Behavior

A scale devised to measure executive personal money management was examined for its factorial structure using 138 college students. On the whole, the factor analysis confirmed the subscale structure of the scale, but the Planning subscale appeared to consist of two distinct components, investment behavior and saving behavior.

scholarly journals STRESS INDEX IN UKRAINE’S MARKET OF NEGOTIABLE FINANCIAL INSTRUMENTS

2018 ◽  
Vol 2018 (2) ◽  
pp. 39-49
Author(s):  
Igor KRAVCHUK ◽  
Keyword(s):  
Distribution Function ◽  
Composite Index ◽  
Stress Index ◽  
Seasonal Adjustment ◽  
Efficiency Coefficient ◽  
Financial Instruments ◽  
Factors Affecting ◽  
State Of The Economy ◽  
Integral Distribution ◽  
Integral Distribution Function

Market of negotiable financial instruments is an immanent component of the financial system and is in a two-way relationship with other financial institutions and real sector of the economy in terms of ensuring its stable functioning. Possible market shocks can adversely affect state of the economy; therefore regulators should carry out constant market surveillance to detect and prevent early possible market violations, by calculating (in particular) the composite stress index. To construct a composite index, correlation analysis, generalized autoregressive conditional heteroscedasticity model, standardization based on the integral distribution function, seasonal adjustment and determination of a long-term trend based on filtering are used. It is proposed to calculate the stress index of Ukraine’s market of negotiable financial instruments on the basis of market data by balanced averaging of the following sub-indices: (i) stocks (UX stock yield volatility, CMAX indicator, market efficiency coefficient); (ii) debt securities (sovereign spread and CDS spread); and (iii) derivatives (indicator of the change in the number of open futures positions for the UX stock). Aforementioned were standardized using the integral distribution function. The author’s analysis of the proposed composite stress index shows that dominant factors affecting the situation in Ukraine’s market of securities and derivatives are intra-national ones, which have become dominant since 2014. At present, the stress index of Ukraine’s market of negotiable financial instruments is still of little importance to reflect economic situation in the state, given weak development of the market and its meager role for financing and reflecting the corporate activity.

scholarly journals An Analysis of Ibn-Khaldun’s Theory in light of Covid-19 Pandemic

2020 ◽  
Vol 10 ◽  
pp. 15-21
Author(s):  
Mohammed Musallem Binham Alameri ◽  
◽  
Khawlah M. AL- Tkhayneh
Keyword(s):  
Social Change ◽  
Human Factors ◽  
Way Of Life ◽  
Ibn Khaldun ◽  
Factors Affecting ◽  
Natural Factors ◽  
Current Events ◽  
Future Events ◽  
New Perspective ◽  
The Impact

This argumentative paper presents a new perspective on Ibn-khaldun’s theory of social change in light of Covid-19. It argues that when examining the theory, it can be found that it makes an association between social change and natural factors, such as epidemics and human factors, such as government changes. The target theory which is explored in this study is the cyclical theory of Ibn-khaldun. This study adopts the former theory in order to analyze the effects of Covid-19 on the Arab-Islamic society, and how this theory was able to predict many of the current events and possible future events using social and historical approaches. The paper consists of four parts as follows: First, an overview of Ibn-khaldun’s theory of social change and its philosophy is provided. Second, the role of human factors in social change according to Ibn-khaldun is explored. Third, natural factors affecting social change according to Ibn-khaldun are discussed. Finally, the impact of Covid-19 on our way of life in relation to Ibn-khaldun’s theory of social change is examined.

scholarly journals The Explanation of The Indices and Components of The Cafe in The Traditional and Modern Times of Iran

2021 ◽  
Vol 3 (2) ◽  
pp. 95-112
Author(s):  
Farshad Hatami ◽  
◽  
Avideh Talaei ◽  
Keyword(s):  
Young People ◽  
Social Exchange ◽  
Social Action ◽  
Past History ◽  
Architectural Style ◽  
Coffee Shop ◽  
Factors Affecting ◽  
The Social ◽  
Correct Function ◽  
Cafe Culture

Several factors affecting the cultural growth of the society are the correct function of social interaction, daily activities in the workplace, and increasing social action according to population growth rate need to be more evident. Review of past history showed the arrival of cafe culture in the Safavid era and Shah Abbas(I) and establishment of coffee houses in Qajar and Pahlavi era with social, economic and cultural function. In the first Pahlavi period, with the arrival of a new style of cafe from the west, the social approach and architectural style of the coffee house changed to a coffee shop. The young people of the society, as the audience, chose the coffee shop as a platform for social communication. In this article, we try to explain the course of physical and cultural developments of cafes and increase the benefit of young people from temporary urban social exchange centres as a third place (home, workplace and coffee shop) by interpreting the study examples of traditional and modern cafes in the period. We will pay attention to the Pahlavi, contemporary and modern West.

scholarly journals Analysis of Factors Affecting Financial Well Being Millennial Generation in Batam

2020 ◽  
Vol 2 (1) ◽  
pp. 33
Author(s):  
Yandi Suprapto
Keyword(s):  
Financial Literacy ◽  
Millennial Generation ◽  
Negative Relationship ◽  
Financial Stress ◽  
Well Being ◽  
Financial Behavior ◽  
Financial Socialization ◽  
Factors Affecting ◽  
The People ◽  
Socialization Agents

The purpose of this study is to determine whether financial behavior, financial socialization agents, financial attitude,  financial stress, and financial literacy can influence financial well being in millennial generation in Batam City. Financial well being is described when a person is able to prosper in the field of financial finance. Welfare is reflected in the ability to meet and manage all needs and desires. While millennial is the most current generation so that it can be a hope and reflection of a country. This research method begins with the distribution of questionnaires to the people of Batam city aged 15-19 years. Data were collected as many as 300 respondents then processed with multiple regression research models using SPSS. Variable financial literacy, financial attitude and financial socialization agents provide a significant positive relationship to financial well being. Meanwhile financial stress has a significant negative relationship with financial well being. Then for financial behavior variables show no significant relationship to financial well being.

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