Assessing Financial Well-Being and Migration INTentions: A Perspective from Greek Students

Goran Karanovic (), Ana Stambuk () and Persefoni Polychronidou ()
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Goran Karanovic: University of Rijeka
Ana Stambuk: University of Rijeka
Persefoni Polychronidou: International Hellenic University

A chapter in Building Resilience Through Digital Transformation and Sustainable Innovation, 2025, pp 97-105 from Springer

Abstract: Abstract This study explores the self-perception of financial well-being and migration intentions of Greek students. Data from 346 students were gathered thought a structured online survey distributed to economics students in Greece. The research investigates student’s capacity to manage their financial routines, their adequacy of income, their perception of unforeseen financial challenges and propensity for savings. Alongside financial evaluations, this study also examines students’ intentions to migrate. The results reveal significant variance in financial perception within the student population. Over 50% of the student sample are not able to cover costs of unforeseen financial expenses or save money, and 25% of the sample lack financial adequacy manage financial routines. A considerable share of surveyed students articulates a willingness to migrate to regardless of the job availability in Greece, emphasising the strong preference towards improving the living conditions through migration. Furthermore, factors such the ability of secure a job in their field of study, language barriers as well personal relationships significantly influence students’ migration intention. The findings imply a complex connexion between self-perception of financial well-being and migration decisions, supported by economics status and personal aspirations for better quality of life. The study contributes to the large body of studies on youth migrations and implications of financial security, emphasising the need for inclusive policies that supports reductions of brain drain in Greece. This research sheds a new light on socio-economic factors and implications of youth migrations in Greece.

Keywords: Self-perception; Financial well-being; Migrations; Students; Greece (search for similar items in EconPapers)
JEL-codes: D14 D31 O15 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-90054-9_7

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DOI: 10.1007/978-3-031-90054-9_7

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