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Keywords: Consumer indebtedness
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Journal Articles
Sergio Da Silva, Newton Da Costa Jr, Raul Matsushita, Cristiana Vieira, Ana Correa, Dinorá De Faveri
Journal:
Review of Behavioral Finance
Review of Behavioral Finance (2018) 10 (1): 42–52.
Published: 12 March 2018
...-quality sample of high-income consumers, the authors find debt can no longer be explained by poor cognitive reflection. Findings Apparently, high-income consumers treat debt as mere leverage, as companies do. Originality/value Not all consumer indebtedness can be caused by lack of self-control...
