showing 8 related works from this author
Financial Vulnerability, Financial Literacy, and the Use of Digital Payment Technologies.
2021
AbstractThe purpose of this study is to test the notion that the use of digital payment methods, such as paying with a mobile phone, increases the risk of financial vulnerability. Research from the USA indicates such a relationship, and we study whether this finding can be generalized to other countries. Motivated by recent changes in EU legislation related to financial transactions, we also examine willingness to use social media companies for money transfers along with sharing bank account information with third-party financial services. Exploiting data collected from a representative sample of the Norwegian adult population (n = 2202), we identify differences in financial behaviour and c…
The effects of personality on earnings
2005
Abstract The purpose of this paper is to investigate the influence of personality dimensions on wage settings. The study was inspired by the model proposed by Bowles, Gintis, and Osborne [American Economic Review 91 (2001) 155], which shows how psychological characteristics may be rewarded or punished in the labour market due to a so-called incentive-enhancing property. Additionally, two meta-studies show that there are robust relationships between some personality dimensions and productivity [Barrick & Mount, Personnel Psychology 44 (1991) 1; Salgado, Journal of Applied Psychology 82 (1997) 30]. We used data from the DNB Household Survey (DHS) to test the extent to which certain personalit…
Personality and the gender wage gap
2012
In this study, we investigate whether personality traits contribute towards a better understanding of the reasons for the gender wage gap. We explore whether two of the personality factors put forward by Bowles et al. (2001) as likely to be incentive enhancing in the employer–employee relationship can explain the difference in wages for women and men. These are (1) personal self efficacy (Locus of Control (LoC)) and (2) time preference. We also study the role of the so called Big Five personality traits (extraversion, emotional stability, agreeableness, openness intellect and conscientiousness), which have been associated with earnings in several recent studies. Using a sample of Dutch empl…
Crossmodal correspondences between typefaces and food preferences drive congruent choices but not among young consumers
2022
Abstract Several studies suggest that consumers match stimuli across sensory modalities, with angular (vs. round) typefaces typically associated with sourness (vs. sweetness). Drawing on findings from the field of crossmodal correspondences, this study (N = 220) examined potential typeface effects in naturalistic settings and found that exposure to angular (vs. round) typeface increased (decreased) consumers’ preferences for sour (sweet) food but had no impact on their expectations or perceptions of these tastes. Moreover, while typeface did not have a direct effect on food choices, consumers exposed to angular (vs. round) typeface reported a greater relative preference for sour over sweet …
The relationship between parenting and the economic orientation and behavior of Norwegian adolescents.
2013
Little is known about the economic socialization of children and adolescents and the role of parents in this process. The authors' purpose was to explore the role of parenting in the intergenerational transfer of economic orientation and economic behavior. More specifically, they studied the link between four parenting dimensions (parental warmth-responsiveness, behavioral control, psychological control, autonomy granting), three parenting styles (authoritative, authoritarian, and neglectful) and adolescents' conscientiousness, future time perspective, and present hedonistic orientation. The authors also studied the relationships between these dispositions and the adolescents' spending pref…
Gender differences in recollections of economic socialization, financial self-efficacy, and financial literacy
2022
The OECD/INFE international surveys of adult financial literacy (OECD/INFE 2016, 2020) show gender differences in financial literacy in developed countries in Europe. In this study, we examine whether these differences can be explained by gender differences in parental economic socialization using the Dutch 2018 DHS household survey. We investigate whether respondents' recollection of economic socialization when young predict their adult economic behavior and self-assessed financial knowledge. The results from ordinal logit and logistic regressions and for nonlinear equations decompositions reveal gender differences in the recollection of economic socialization and in how socialization prac…
Economic socialization, saving and assets in European young adults
2013
We analyze the role economic socialization plays in the economic behavior and asset accumulation of young adults by parents using data from European young adults and teenagers. We study the role of four distinct strands of economic socialization (providing pocket money, jobs at home, work for others, and parental encouragement) using a Dutch sample of young adults (age 18–32, n = 392). Results show positive links between parental encouragement and ability to control spending, saving preferences, future orientation, conscientiousness, and saving. A sample of teenagers (age 14–15, n = 548) and their parents (256 mothers, 227 fathers) is drawn for a Norwegian study of economic socialization. A…
Finansiell kunnskap i den norske befolkning
2023
I denne rapporten presenteres funn fra to kartlegginger av nordmenns finansielle kunnskap. Begge undersøkelsene er representative for den norske befolkning med hensyn til region, alder og kjønn. Data ble i begge undersøkelsene samlet inn av TNS Kantar. Undersøkelsene ble foretatt henholdsvis i 2018 og 2022. I 2018 ble det brukt 50 spørsmål for å måle finansiell kunnskap, mens et utvalg på 25 av disse spørsmålene ble brukt i 2022. De to undersøkelsene er nærmere beskrevet i kapittel 2.