Wyniki wyszukiwania - BazEkon

1

Financial Vulnerability of Working Adults in Malaysia

100%

Loke Y. J.

Contemporary Economics

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2017

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11

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nr 2

205-218

Given the high and rising household debt in Malaysia, the objective of this paper is to ascertain the characteristics of a financially vulnerable individual. Financial vulnerability is measured based on two indicators: the debt-to-income ratio and the level of emergency savings for income shock. The findings of this paper show that, in addition to socio-economic factors, other factors such as risk tolerance, savings portfolio, and individuals' objectives and subjective financial knowledge can significantly explain differences in the levels of individual financial vulnerability. Using ordered probit on primary data consisting of 854 working adults aged 18-60, it is found that gender, ethnicity, income, number of dependents, age and education can significantly explain differences in the levels of financial vulnerability. Furthermore, the findings highlight the importance of continuous efforts to provide financial education to improve personal financial management. The findings also confirm that risk takers are more likely to be financially vulnerable. However, individuals who diversify their savings channels to include stock and bond holdings instead of solely saving through bank deposits are less likely to be financially vulnerable. (original abstract)

2

Assessing Thailand's Financial Vulnerability : An Early Warning Approach

100%

Puah C. H., Kuek T. H., Arip M. A.

Business and Economic Horizons

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2017

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vol. 13, iss. 4

496-505

This paper intends to assess financial vulnerability in Thailand through the construction of a financial vulnerability indicator (FVI). This early warning system has been developed using the signals approach proposed by Kaminsky and Reinhart (1999), followed by composite indicator construction. The period under study spans from January 2000 through to December 2016. Our empirical findings indicate that exports has the lowest noise-to-signal ratio (0.13), followed by real GDP (0.15) and house price index (0.20). These suggest that financial crises are usually preceded by a weakening in exports, a slowdown in the economy and a decline in house price. For Thailand, four major financial episodes are successfully outlined during the study period, demonstrating the effectiveness of an early warning system in financial vulnerability forecasting. (original abstract)

3

Diversification des Exportations et Vulnérabilité des Économies des Pays de l'Afrique Subsaharienne : Rôle de la Dépendance en Ressources Naturelles

100%

Houngbedji H. S.

Revue Internationale des Economistes de Langue Française : revue de l'Association Internationale de Economistes de Langue Française avec la collaboration Université des Sciences Economiques et de Gestion

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2022

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7

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nr 1

111-134

La diversification des exportations en Afrique est un sujet de grand intérêt, mais son impact sur la vulnérabilité économique n'a pas été suffisamment étudié. À partir d'un modèle de panel dynamique et celui à effets de seuils à transition brut, cet article examine le rôle de la dépendance en ressource naturelle dans la relation entre diversification et vulnérabilité économique au sein d'un échantillon de 22 pays de l'Afrique subsaharienne. Nous considérons comme mesure de la diversification des exportations, l'indice modifié de Finger-Kreinin et la part des exportations de produits manufacturés dans le total des exportations. Nos résultats montrent que, la diversification des exportations est un moyen de réduction substantielle du niveau de vulnérabilité économique auquel sont exposés les économies. Toutefois, son effet sur la réduction du niveau de vulnérabilité économique est efficace pour un niveau de dépendance en ressource naturelle inférieur à 38,7%. Ces résultats impliquent qu'il est nécessaire que ces pays tiennent compte du seuil ainsi identifié dans la réorientation de leur politique de diversification axée sur une stratégie d'intégration continentale.(abstrakt oryginalny)

4

Odlewnictwo nie podzieli losu hutnictwa

80%

Stefaniak P.

Gospodarka

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1999

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nr 42

31-24

Polskie odlewnie mają atuty, których nie zawsze potrafią wykorzystać. Posiadają wieloletnie tradycje odlewnicze, starsze niż np. odlewnie chińskie. Poza tym nastąpiła istotna poprawa jakości wyrobów i osiągnięcie przez wiele odlewni europejskiego poziomu wytwarzania. Minusem jest słabość finansowa tych przedsiębiorstw.

5

Covid-19 and Consumer Financial Vulnerability

80%

van Ophem J.

Central European Review of Economics and Management

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2020

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4

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nr 4

115-132

Aim: This paper provides an overview of the impact of COVID-19 on consumer (household) financial vulnerability in the Netherlands in the context of socio-economic developments for households in the period 2008-2016. Design/ research methods: After a discussion of the socio-economic developments for household in the period 2008-2016, financial vulnerability analytics is used to discuss the implications of the published results of two surveys on the impact of COVID-19 on the financial situation of households in the Netherlands (AFM/CPB, NIBUD). Findings: It appears that problems are to be expected in households with uncertain incomes (e.g., flex workers and self-employed), in households with inflexible budgets (with fixed and necessary expenses higher than disposable income), in households that are fragile because of lack of buffers, and in households with a low income for a longer period of time. Some households such as the ones of singles and the young are less able to cope with the financial risks than others. There are lifecycle effects to be noted: the young will have difficulty in finding and keeping jobs, and therefore in making ends meet. Value of research: The analytics and results are of interest and relevant for cross-cultural research in other Western Countries.(original abstract)