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Like father like son : how does parents' financial behavior affect their children's financial behavior?

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
LDR  00000cab a22000004b 4500
001  MAP20170039433
003  MAP
005  20171207101324.0
008  171205e2016 esp|| p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎34
1001 ‎$0‎MAPA20170016762‎$a‎Riitsalu, Leonore
24500‎$a‎Like father like son‎$b‎: how does parents' financial behavior affect their children's financial behavior?‎$c‎Leonore Riitsalu, Kaire Pöder
520  ‎$a‎This paper investigates the Using two national longitudinal studies: the 1979 National Longitudinal Survey Children and Young Adults (NLSCYA) and the 1979 National Longitudinal Survey (NLSY79), we link the financial behavior of 2,520 young adults back to their general self-control skill and their parents' financial behavior conducted during children's adolescence. We find evidence of intergenerational consistency in financial behavior between parents and their children. Results from the generalized structural equation model indicate that parents¿ financial behavior affects that of their children both directly and indirectly through general self-control skill development. Furthermore, the influence of parents is moderated by parentchild relationship. These findings highlight the importance of parental financial socialization. Its implications are discussed.Intergenerational influence on financial behaviour
650 4‎$0‎MAPA20080547233‎$a‎Familias
650 4‎$0‎MAPA20080618896‎$a‎Ahorro financiero familiar
650 4‎$0‎MAPA20120021457‎$a‎Educación financiera
650 4‎$0‎MAPA20130013572‎$a‎Comportamiento financiero
7001 ‎$0‎MAPA20170016779‎$a‎Pöder, Kaire
7730 ‎$t‎The Journal of consumer affairs, Volume 51, Issue 2, Summer 2017‎$h‎Pages 284-311