... savings from which they draw a retirement income. The more the student debt burdens on retired Americans, the greater the likelihood of outliving their resources and experiencing poverty. Student loan debt Financial literacy Financial fragility Retirement Financial education Thomas...

... could be labelled as financially fragile in 2018 since they were unable to meet an unexpected expense. In Spain, Arellano and Cámara (2020) found that 33% of households were highly financially vulnerable in the years before the COVID-19 crisis, as they were unable to cover the cost of living for more...

...Manel Mazioud Chaabouni; Haykel Zouaoui; Nidhal Ziedi Ellouz Purpose The purpose of this paper is to examine the effect of bank capital on liquidity creation. Especially, the authors test two competing hypotheses: the “risk absorption” hypothesis and the “financial fragility-crowding out...