Building a Financial Vulnerability Model

Jerry Buckland () and Brenda Spotton Visano
Additional contact information
Jerry Buckland: Redekop School of Business Canadian Mennonite University

Chapter Chapter 3 in Financial Vulnerability in Canada, 2022, pp 35-56 from Springer

Abstract: Abstract This chapter builds a model of financial vulnerability based on results from Phase 1 of the Canadian Financial Diaries research project. Using mixed methodology, this project tracked the financial lives of 28 low- and modest-income participants for up to one year. Results found that people are influenced by internal rationalities and limitations, and these interact with external structures such as income level, banking opportunities, and social and government supports. Participants who demonstrated the greatest financial resilience were able to draw on household assets including human, social, livelihood, physical, and financial capitals. Financial vulnerability was more likely for participants with limited assets or deficit.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sprchp:978-3-030-92581-9_3

Ordering information: This item can be ordered from
http://www.springer.com/9783030925819

DOI: 10.1007/978-3-030-92581-9_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().