Explorando os Determinantes do Bem-Estar Financeiro no Brasil

Guilherme de Oliveira Lima Cagliari Marques () and Allyson Rafael de Almeida Gois ()
Additional contact information
Guilherme de Oliveira Lima Cagliari Marques: Universidade Federal do ABC (UFABC)
Allyson Rafael de Almeida Gois: Universidade Federal do ABC (UFABC)

Revista de Economia Mackenzie (REM), 2022, vol. 19, issue 1, 191-215

Abstract: This study addresses the determinants of financial well-being in Brazil by esti-mating the effects of individual characteristics, investments, and socioeconomic variables. The research was based on the Securities and Exchange Commission/Credit Protection Service (Comissão de Valores Mobiliários/Serviço de Proteção ao Crédito [CVM-SPC]) data survey carried out in 2019, which involved the main metropolitan regions of the country. By the identification of demanded financial products, we found signs of the importance of financial literacy on Brazilians, fi-nancial well-being. The results support the hypothesis that income is one of the main determinants of financial well-being and it also indicate clear evidence of differences in financial well-being between genders. Regional and educational aspects presented different results than expected, revealing that regional economic aspects are relevant in determining Brazilians, financial well-being.

Keywords: financial well-being; financial literacy; behavioral finance; personal finance; socioeconomic variables. (search for similar items in EconPapers)
JEL-codes: D69 G4 I22 I31 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://editorarevistas.mackenzie.br/index.php/rem/article/view/14954/11413 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:19:1:2022:jan:jun:p:191-215

DOI: 10.5935/1808-2785/rem.v19n1p.191-215

Access Statistics for this article

More articles in Revista de Economia Mackenzie (REM) from Mackenzie Presbyterian University, Social and Applied Sciences Center Contact information at EDIRC.
Bibliographic data for series maintained by Instituto Presbiteriano Mackenzie (IPM) ().