View : 12 Download: 0

Reaching sustainable financial health: Gender differences in risk-taking patterns of financially excluded people

Title
Reaching sustainable financial health: Gender differences in risk-taking patterns of financially excluded people
Authors
Kim E.Lee S.Lee J.D.
Ewha Authors
김은미
SCOPUS Author ID
김은미scopus
Issue Date
2018
Journal Title
Sustainability (Switzerland)
ISSN
2071-1050JCR Link
Citation
vol. 10, no. 4
Keywords
Financial accessibilityGender differenceRisk attitudeSustainable growth
Publisher
MDPI AG
Indexed
SCIE; SSCI; SCOPUS scopus
Abstract
Providing sufficient financial accessibility to low-income individuals is considered a way to decrease income inequality and could be a key factor in sustainable economic growth. To make the financial accessibility policy more effective, analyses of individuals' understanding of financial risk within low-income groups need to be conducted. The current authors investigated individuals' attitudes towards loan financial risk in terms of gender difference. Using South Korean survey data, we examined the relationship between gender and attitude towards loan financial risk with a regression analysis. We found that within a low-income group, males were more willing to pay higher interest rates than females. In addition, males' willingness to pay high interest rates became stronger when their current financial costs were high. The results indicate that males are less careful with the risks that high interest rates can bring. Thus, the results imply that interventions, such as more substantial financial education, are required for males to make financial accessibility polices more effective. © 2018 by the authors.
DOI
10.3390/su10041289
Appears in Collections:
국제대학원 > 국제학과 > Journal papers
Files in This Item:
There are no files associated with this item.
Export
RIS (EndNote)
XLS (Excel)
XML


qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

BROWSE