Psychological Effects of Economic and Financial Crises on the Behaviour and Mental Health of Individuals

Mionel Oana () and Moraru Alexandra ()
Additional contact information
Mionel Oana: "Dimitrie Cantemir" Christian University Faculty of International Economic Relations
Moraru Alexandra: "Dimitrie Cantemir" Christian University Faculty of International Economic Relations

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 57-61

Abstract: The present paper brings forward the psychological effects of the financial and economic crisis upon individuals. Following the empirical research as well as the specific literature, we discovered that the greatest psychological effect of the financial crisis upon individuals is created by the financial stress. Moreover, the study shows that the financial stress, as a psychological effect of the financial crisis, is associated with the fear of not being able to accomplish the financial needs, the impossibility to have a high standard of living, a lower self-respect and the withdrawal form former social groups.

Keywords: psychological effects; financial and economic crisis; behaviour; financial stress; mental health. (search for similar items in EconPapers)
JEL-codes: F (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2012p2v2.pdf (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:ovi:oviste:v:xii:y:2012:i:2:p:57-61

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().