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Representation of the financial crisis: Effect on social representations of savings and credit

  • Roland-Lévy, Christine
  • Pappalardo Boumelki, Fatima-Ezzahra
  • Guillet, Emilie
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    In the context of the financial crisis, the social representation of the crisis is studied with the representation and behavior towards credit and savings, of a sample of 375 participants. From the results, two types of consumers appear: the first group is worried of the consequences of the crisis, while the second group is not. The representation of credit of the first group of participants is somewhat influenced by their representation of the crisis, but does not lead to a different type of behavior in terms of credit taking; the representation of saving is not influenced by this fright variable.

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    File URL: http://www.sciencedirect.com/science/article/B6W5H-4YF5R64-3/2/de466157bb476341ff358fc2e58f19e2
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    Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

    Volume (Year): 39 (2010)
    Issue (Month): 2 (April)
    Pages: 142-149

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    Handle: RePEc:eee:soceco:v:39:y:2010:i:2:p:142-149
    Contact details of provider: Web page: http://www.elsevier.com/locate/inca/620175

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    1. Livingstone, Sonia M. & Lunt, Peter K., 1992. "Predicting personal debt and debt repayment: Psychological, social and economic determinants," Journal of Economic Psychology, Elsevier, vol. 13(1), pages 111-134, March.
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