Launching Effect of COVID-19 Macroeconomic Destruction as a Catalyst for Localization of Types of Financial Behavior of the Population

DOI

10.2991/assehr.k.201105.061How to use a DOI?

Keywords

financial behavior models, financial decisions, consumer preferences

Abstract

In this article, the authors have made an attempt to offer a model typology that allows you to rank households according to the propensity to make financial decisions and consumer preferences. The use of the proposed typology makes it possible to predict the financial behavior of the population in the event of destabilization of the macroeconomic environment caused by the outbreak of a new coronavirus infection COVID-19. The authors systematized the behavioral characteristics based on the analysis of modern models of financial behavior, and a number of studies of the psychological and economic characteristics of people and formed 11 typological portraits of people’s financial behavior. It is shown that this typology is especially noticeable in the conditions of volatility of macroeconomic indicators, although the basis of the typology is psychological, emotional and other subjective personality traits.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - D.Y. Razumovsky
AU  - L.I. Yuzvovich
PY  - 2020
DA  - 2020/11/06
TI  - Launching Effect of COVID-19 Macroeconomic Destruction as a Catalyst for Localization of Types of Financial Behavior of the Population
BT  - Proceedings of the Research Technologies of Pandemic Coronavirus Impact (RTCOV 2020)
PB  - Atlantis Press
SP  - 340
EP  - 343
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201105.061
DO  - 10.2991/assehr.k.201105.061
ID  - Razumovsky2020
ER  -