The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UFMG |
Texto Completo: | https://doi.org/10.15210/reat.v15i2.21128 http://hdl.handle.net/1843/53426 |
Resumo: | Personal finance has been explored considerably in the literature, nonetheless, it has been poorly explored through cross-cultural studies that compare developed and developing countries. The main objective was to statistically test the influence of individuals’ sociodemographic characteristics on their personal finance in the United States and Brazil. Data from 2,223 American respondents and from 1,486 Brazilian respondents were analyzed with respect to sociodemographic characteristics and their impact on personal-finance-related variables. Correlation tests and multiple linear regressions were performed in order to deeply investigate these relationships. Among other findings, in Brazil, education level proved to be a predictor of how much individuals value teaching children how to save money and goods, which points out that education is able to lead population to be more conscious about personal finance. In addition, both in Brazil and in the United States, education level proved to be a predictor of the frequency individuals and their families run out of food or cash income, which points out that higher education levels are able to reduce social vulnerable situations. Age, sex, income level, and number of children also proved to be good predictors of other personal-finance-related variables. |
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2023-05-16T11:43:53Z2023-05-16T11:43:53Z20211524064https://doi.org/10.15210/reat.v15i2.211282316-5812http://hdl.handle.net/1843/53426Personal finance has been explored considerably in the literature, nonetheless, it has been poorly explored through cross-cultural studies that compare developed and developing countries. The main objective was to statistically test the influence of individuals’ sociodemographic characteristics on their personal finance in the United States and Brazil. Data from 2,223 American respondents and from 1,486 Brazilian respondents were analyzed with respect to sociodemographic characteristics and their impact on personal-finance-related variables. Correlation tests and multiple linear regressions were performed in order to deeply investigate these relationships. Among other findings, in Brazil, education level proved to be a predictor of how much individuals value teaching children how to save money and goods, which points out that education is able to lead population to be more conscious about personal finance. In addition, both in Brazil and in the United States, education level proved to be a predictor of the frequency individuals and their families run out of food or cash income, which points out that higher education levels are able to reduce social vulnerable situations. Age, sex, income level, and number of children also proved to be good predictors of other personal-finance-related variables.As finanças pessoais têm sido exploradas consideravelmente na literatura, no entanto, têm sido pouco exploradas por meio de estudos transculturais que comparam países desenvolvidos e em desenvolvimento. O objetivo principal foi testar estatisticamente a influência de características sociodemográficas dos indivíduos em suas finanças pessoais nos Estados Unidos e no Brasil. Dados de 2.223 respondentes americanos e de 1.486 respondentes brasileiros foram analisados em relação às características sociodemográficas e seu impacto nas variáveis relacionadas a finanças pessoais. Testes de correlação e regressões lineares múltiplas foram realizados para investigar essas relações. Entre outras constatações, no Brasil, a escolaridade se mostrou um preditor de quanto os indivíduos valorizam ensinar as crianças a economizar dinheiro e bens, o que aponta que a educação é capaz de levar a população a ter mais consciência sobre as finanças pessoais. Além disso, tanto no Brasil quanto nos Estados Unidos, a escolaridade mostrou-se um preditor da frequência com que os indivíduos e suas famílias ficam sem comida ou renda em dinheiro, o que aponta que a maior escolaridade é capaz de reduzir as situações de vulnerabilidade social. Idade, sexo, nível de renda e número de filhos também se mostraram bons preditores de outras variáveis relacionadas às finanças pessoais.engUniversidade Federal de Minas GeraisUFMGBrasilICA - INSTITUTO DE CIÊNCIAS AGRÁRIASRevista Eletrônica de Administração e TurismoFinanças pessoaisPredição (Logica)Estudos interculturaispersonal financeprediction analysisCross-Cultural ResearchThe influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and BrazilA influência de características sociodemográficas nas finanças pessoais: uma comparação trans-cultural entre os Estados Unidos e o Brasilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttps://periodicos.ufpel.edu.br/index.php/AT/article/view/21128André Luiz Mendes AthaydeGuilherme Afonso de Freitas Rochainfo:eu-repo/semantics/openAccessreponame:Repositório Institucional da UFMGinstname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGLICENSELicense.txtLicense.txttext/plain; charset=utf-82042https://repositorio.ufmg.br/bitstream/1843/53426/1/License.txtfa505098d172de0bc8864fc1287ffe22MD51ORIGINALThe influence of sociodemographic characteristics on personal finance - a cross-cultural comparison between the United States and Brazil.pdfThe influence of sociodemographic characteristics on personal finance - a cross-cultural comparison between the United States and Brazil.pdfapplication/pdf471365https://repositorio.ufmg.br/bitstream/1843/53426/3/The%20influence%20of%20sociodemographic%20characteristics%20on%20personal%20finance%20-%20a%20cross-cultural%20comparison%20between%20the%20United%20States%20and%20Brazil.pdff6d22c54e838b8a4e518de76caa41465MD531843/534262023-05-16 17:20:36.064oai:repositorio.ufmg.br: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Repositório de PublicaçõesPUBhttps://repositorio.ufmg.br/oaiopendoar:2023-05-16T20:20:36Repositório Institucional da UFMG - Universidade Federal de Minas Gerais (UFMG)false |
dc.title.pt_BR.fl_str_mv |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil |
dc.title.alternative.pt_BR.fl_str_mv |
A influência de características sociodemográficas nas finanças pessoais: uma comparação trans-cultural entre os Estados Unidos e o Brasil |
title |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil |
spellingShingle |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil André Luiz Mendes Athayde personal finance prediction analysis Cross-Cultural Research Finanças pessoais Predição (Logica) Estudos interculturais |
title_short |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil |
title_full |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil |
title_fullStr |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil |
title_full_unstemmed |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil |
title_sort |
The influence of sociodemographic characteristics on personal finance: a cross-cultural comparison between the United States and Brazil |
author |
André Luiz Mendes Athayde |
author_facet |
André Luiz Mendes Athayde Guilherme Afonso de Freitas Rocha |
author_role |
author |
author2 |
Guilherme Afonso de Freitas Rocha |
author2_role |
author |
dc.contributor.author.fl_str_mv |
André Luiz Mendes Athayde Guilherme Afonso de Freitas Rocha |
dc.subject.por.fl_str_mv |
personal finance prediction analysis Cross-Cultural Research |
topic |
personal finance prediction analysis Cross-Cultural Research Finanças pessoais Predição (Logica) Estudos interculturais |
dc.subject.other.pt_BR.fl_str_mv |
Finanças pessoais Predição (Logica) Estudos interculturais |
description |
Personal finance has been explored considerably in the literature, nonetheless, it has been poorly explored through cross-cultural studies that compare developed and developing countries. The main objective was to statistically test the influence of individuals’ sociodemographic characteristics on their personal finance in the United States and Brazil. Data from 2,223 American respondents and from 1,486 Brazilian respondents were analyzed with respect to sociodemographic characteristics and their impact on personal-finance-related variables. Correlation tests and multiple linear regressions were performed in order to deeply investigate these relationships. Among other findings, in Brazil, education level proved to be a predictor of how much individuals value teaching children how to save money and goods, which points out that education is able to lead population to be more conscious about personal finance. In addition, both in Brazil and in the United States, education level proved to be a predictor of the frequency individuals and their families run out of food or cash income, which points out that higher education levels are able to reduce social vulnerable situations. Age, sex, income level, and number of children also proved to be good predictors of other personal-finance-related variables. |
publishDate |
2021 |
dc.date.issued.fl_str_mv |
2021 |
dc.date.accessioned.fl_str_mv |
2023-05-16T11:43:53Z |
dc.date.available.fl_str_mv |
2023-05-16T11:43:53Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
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info:eu-repo/semantics/article |
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article |
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publishedVersion |
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http://hdl.handle.net/1843/53426 |
dc.identifier.doi.pt_BR.fl_str_mv |
https://doi.org/10.15210/reat.v15i2.21128 |
dc.identifier.issn.pt_BR.fl_str_mv |
2316-5812 |
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https://doi.org/10.15210/reat.v15i2.21128 http://hdl.handle.net/1843/53426 |
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2316-5812 |
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eng |
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eng |
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Revista Eletrônica de Administração e Turismo |
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info:eu-repo/semantics/openAccess |
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openAccess |
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Universidade Federal de Minas Gerais |
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UFMG |
dc.publisher.country.fl_str_mv |
Brasil |
dc.publisher.department.fl_str_mv |
ICA - INSTITUTO DE CIÊNCIAS AGRÁRIAS |
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Universidade Federal de Minas Gerais |
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