Behavioral approach to financial distress and health

Zeynep Copur; Michael S. Gutter; Sibel Erkal

doi:10.1007/978-3-319-01125-7_16

Behavioral approach to financial distress and health

Zeynep Copur
, Michael S. Gutter
, Sibel Erkal

Department of Family and Consumer Sciences

University of Florida

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Citations (Scopus)

Abstract

The purpose of this study is to explore the relationship between financial distress and health and financial behaviors among families in Ankara, controlling for socioeconomic characteristics, financial discussion with parents, negative financial events, and risk tolerance. Data was collected through a systematic sample in the neighborhood of Dr. Halil Ulgen Health Center (Mamak-Ankara, N = 600) in summer 2009. Bivariate results showed significant differences in financial distress levels by socioeconomic factors and financial behaviors. In addition, regression analysis showed that saving and self-reported health status was significantly related to financial distress when controlling for other factors.

Original language	English
Title of host publication	Globalization of Financial Institutions
Subtitle of host publication	A Competitive Approach to Finance and Banking
Publisher	Springer International Publishing
Pages	217-233
Number of pages	17
Volume	9783319011257
ISBN (Electronic)	9783319011257
ISBN (Print)	3319011243, 9783319011240
DOIs	https://doi.org/10.1007/978-3-319-01125-7_16
Publication status	Published - 1 Dec 2014

Keywords

Financial behavior
Financial distress
Health status

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10.1007/978-3-319-01125-7_16

Cite this

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title = "Behavioral approach to financial distress and health",

abstract = "The purpose of this study is to explore the relationship between financial distress and health and financial behaviors among families in Ankara, controlling for socioeconomic characteristics, financial discussion with parents, negative financial events, and risk tolerance. Data was collected through a systematic sample in the neighborhood of Dr. Halil Ulgen Health Center (Mamak-Ankara, N = 600) in summer 2009. Bivariate results showed significant differences in financial distress levels by socioeconomic factors and financial behaviors. In addition, regression analysis showed that saving and self-reported health status was significantly related to financial distress when controlling for other factors.",

keywords = "Financial behavior, Financial distress, Health status",

author = "Zeynep Copur and Gutter, \{Michael S.\} and Sibel Erkal",

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T1 - Behavioral approach to financial distress and health

AU - Copur, Zeynep

AU - Gutter, Michael S.

AU - Erkal, Sibel

PY - 2014/12/1

Y1 - 2014/12/1

N2 - The purpose of this study is to explore the relationship between financial distress and health and financial behaviors among families in Ankara, controlling for socioeconomic characteristics, financial discussion with parents, negative financial events, and risk tolerance. Data was collected through a systematic sample in the neighborhood of Dr. Halil Ulgen Health Center (Mamak-Ankara, N = 600) in summer 2009. Bivariate results showed significant differences in financial distress levels by socioeconomic factors and financial behaviors. In addition, regression analysis showed that saving and self-reported health status was significantly related to financial distress when controlling for other factors.

AB - The purpose of this study is to explore the relationship between financial distress and health and financial behaviors among families in Ankara, controlling for socioeconomic characteristics, financial discussion with parents, negative financial events, and risk tolerance. Data was collected through a systematic sample in the neighborhood of Dr. Halil Ulgen Health Center (Mamak-Ankara, N = 600) in summer 2009. Bivariate results showed significant differences in financial distress levels by socioeconomic factors and financial behaviors. In addition, regression analysis showed that saving and self-reported health status was significantly related to financial distress when controlling for other factors.

KW - Financial behavior

KW - Financial distress

KW - Health status

UR - https://www.scopus.com/pages/publications/84930255236

U2 - 10.1007/978-3-319-01125-7_16

DO - 10.1007/978-3-319-01125-7_16

M3 - Chapter

AN - SCOPUS:84930255236

SN - 3319011243

SN - 9783319011240

VL - 9783319011257

SP - 217

EP - 233

BT - Globalization of Financial Institutions

PB - Springer International Publishing

ER -

Behavioral approach to financial distress and health

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Keywords

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