Financial and Consumption Habits and Behaviors during the COVID-19 Pandemic: A Short-Term Study of Argentina, Chile and Colombia
Financial and Consumption Habits and Behaviors during the COVID-19 Pandemic: A Short-Term Study of Argentina, Chile and Colombia
Author(s): Marianela Denegri, Jose Sepúlveda, Mariela Demaría, Marithza Sandoval-Escobar, Francisca Silva, David Van Der Woude, Felipe Quintano, Leonor RiquelmeSubject(s): Social Sciences, Sociology, Methodology and research technology, Applied Sociology, Health and medicine and law, Economic development
Published by: Expert Projects Publishing
Keywords: COVID-19; financial habits and behaviors; short-term study; middle class; economic psychology;
Summary/Abstract: This study aimed at describing the impact that the COVID 19 pandemic had on the financial and consumption habits of Chilean, Argentinean and Colombian families. This was a cross-sectional on-line study. The final sample consisted of 1,184 adults who managed independent financial resources and from urban areas of Argentina, Chile, and Colombia. Results show an increased use of credit to pay for basic services and on the late payments of expenses. The current main fears are linked to contracting the disease, losing employment and not being able to pay basic expenses. Finally, groups of participants emerge based on based on ways of dealing with the crisis and differentiated by sociodemographic variables.
Journal: Revista de Cercetare şi Intervenţie Socială
- Issue Year: 2022
- Issue No: 76
- Page Range: 18-33
- Page Count: 16
- Language: English