Explorando os Determinantes do Bem-Estar Financeiro no Brasil
This study addresses the determinants of financial well-being in Brazil by esti-mating the effects of individual characteristics, investments, and socioeconomic variables. The research was based on the Securities and Exchange Commission/Credit Protection Service (Comissão de Valores Mobiliários/Serv...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Presbiteriana Mackenzie
2022-01-01
|
| Series: | Revista de Economia Mackenzie |
| Subjects: | |
| Online Access: | https://editorarevistas.mackenzie.br/index.php/rem/article/view/14954/11413 |
| Summary: | This study addresses the determinants of financial well-being in Brazil by esti-mating the effects of individual characteristics, investments, and socioeconomic variables. The research was based on the Securities and Exchange Commission/Credit Protection Service (Comissão de Valores Mobiliários/Serviço de Proteção ao Crédito [CVM-SPC]) data survey carried out in 2019, which involved the main metropolitan regions of the country. By the identification of demanded financial products, we found signs of the importance of financial literacy on Brazilians, fi-nancial well-being. The results support the hypothesis that income is one of the main determinants of financial well-being and it also indicate clear evidence of differences in financial well-being between genders. Regional and educational aspects presented different results than expected, revealing that regional economic aspects are relevant in determining Brazilians, financial well-being.Keywords: financial well-being; financial literacy; behavioral finance; personal finance; socioeconomic variables. |
|---|---|
| ISSN: | 1678-5002 1808-2785 |