Income shock increases preferences for smaller immediate rewards and reduces alcohol demand among a sample of crowd-sourced adults.
Sign Up to like & getrecommendations! Published in 2022 at "Experimental and clinical psychopharmacology"
DOI: 10.1037/pha0000596.supp
Abstract: In behavioral economics, income shock manipulations (hypothetical narratives where money is gained or lost) can provide meaningful insight into decision-making related to primary and secondary commodities. To date, few studies have examined the impact of… read more here.
Keywords: alcohol demand; delay discounting; income shock; income ... See more keywords
Income shock and financial well-being in the COVID-19 pandemic: financial resilience and psychological resilience as mediators
Sign Up to like & getrecommendations! Published in 2023 at "International Journal of Bank Marketing"
DOI: 10.1108/ijbm-08-2022-0342
Abstract: Purpose The purpose of this study was to investigate the relationship between income shock suffered during the coronavirus pandemic and subsequent financial well-being (FWB) of Indian adults, mediated by financial resilience (FR) and psychological resilience… read more here.
Keywords: resilience; financial well; financial resilience; income shock ... See more keywords