Economic resourcefulness as a determinant of saving and borrowing in Poland
AbstractEconomic resourcefulness indirectly affects many aspects related to the functioning of individuals on the market. One of the crucial areas is making financial decisions related to the allocation of financial surpluses and taking loans. The analysis carried out based on a dedicated study aims 1) to identify various aspects of the processes of collecting savings and borrowing in Poland and 2) to assess whether these processes are related to economic resourcefulness. The obtained results indicate the significance of economic resourcefulness for the majority of identified aspects of saving and borrowing, but at the same time, they show the specificity of these aspects. Resourcefulness, oriented at gaining a satisfactory financial situation and economic stability does not necessarily lead to strengthening individual retirement saving. It could be interpreted as a kind of trade-off between strategies build upon focusing on achieving well-being in the short (medium) and a long time horizon.
|Journal series||Post-Communist Economies, ISSN 1463-1377, (N/A 40 pkt)|
|Publication size in sheets||0.95|
|Keywords in English||Saving behaviour, saving motives, borrowing behaviour, economic resourcefulness|
|Publication indicators||= 0; : 2018 = 0.661; : 2017 = 0.541 (2) - 2017=0.773 (5)|
|Uwaga||This work was supported by the Polish National Science Centre [2015/17/B/HS4/02713].|
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