Risk Propensity and Saving Behaviours Among Young People – The Case of Poland

Grabowska-Chenczke Olga, Uglis Jarosław, Piątkowska Wiktoria and Bajan Bartłomiej ()
Additional contact information
Grabowska-Chenczke Olga: Poznań University of Life Sciences, Poland
Uglis Jarosław: Poznań University of Life Sciences, Poland
Piątkowska Wiktoria: Poznań University of Life Sciences, Poland
Bajan Bartłomiej: Poznań University of Life Sciences, Poland

Journal of Agribusiness and Rural Development, 2024, vol. 74, issue 4, 466-474

Abstract: The primary objective of this article is to explore the saving behaviour of young Poles through the lens of behavioural finance. The study investigates the motives, preferences, and conditions influencing saving decisions among young individuals, particularly in the context of turbulent geopolitical phenomena, such as the pandemic, armed conflicts in neighbouring countries, and rising inflation. The research aimed to assess the financial behaviours of young Poles by examining the types of specific saving forms and beliefs regarding saving. The study explored the relationship between saving behaviour and the socio-economic characteristics of the surveyed individuals, as well as their inclination toward risky behaviour. A hypothesis was developed regarding gender differences in risk tolerance, with the expectation that men would exhibit a higher inclination toward risk-taking than women. The findings indicated that individuals with savings demonstrated a lower inclination towards stimulating risk compared to those without savings. Furthermore, those with savings demonstrated a higher inclination to take instrumental risks than their non-saving counterparts. Additionally, the study revealed that women are more proactive in their saving behaviour than men, and they also exhibit a lower propensity for stimulating risk.

Keywords: risk propensity; stimulating risk; instrumental risk; behavioural finance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.17306/J.JARD.2024.00011R1 (text/html)

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:vrs:pojard:v:74:y:2024:i:4:p:466-474:n:1009

DOI: 10.17306/J.JARD.2024.00011R1

Access Statistics for this article

Journal of Agribusiness and Rural Development is currently edited by Agnieszka Baer-Nawrocka

More articles in Journal of Agribusiness and Rural Development from Sciendo
Bibliographic data for series maintained by Peter Golla ().