Financial fragility and financial stress during the COVID-19 crisis: evidence from Colombian households

Purpose – Our findings indicate that workers with more financial education were more prepared to face the negative effects on their finances from COVID. This ability reduces the probability of becoming financially fragile and experiencing financial stress. Design/methodology/approach – The authors a...

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Bibliographic Details
Main Authors: Raúl Armando Cardona-Montoya, Vivian Cruz, Samuel Arturo Mongrut
Format: Article
Language:English
Published: Emerald Publishing 2022-12-01
Series:Journal of Economics Finance and Administrative Science
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JEFAS-01-2022-0005/full/pdf