Individual differences in behavioural responses to the
financial threat posed by the COVID-19 pandemic

Přehled o publikaci

J 2021

Individual differences in behavioural responses to the financial threat posed by the COVID-19 pandemic

ADAMUS, Magdalena and Matúš GREŽO

Basic information

Original name

Individual differences in behavioural responses to the financial threat posed by the COVID-19 pandemic

Authors

ADAMUS, Magdalena and Matúš GREŽO

Edition

Personality and Individual Differences, Kidlington (England), PERGAMON-ELSEVIER SCIENCE LTD, 2021, 0191-8869

Other information

Language

English

Type of outcome

Article in a journal

Country of publisher

United Kingdom of Great Britain and Northern Ireland

Confidentiality degree

is not subject to a state or trade secret

References:

URL

Marked to be transferred to RIV

Yes

RIV identification code

RIV/00216224:14560/21:00121425

Organization

Ekonomicko-správní fakulta – Repository – Repository

Keywords in English

Financial threat Neuroticism Uncertainty intolerance Consumption patterns Coping strategies COVID-19

Changed: 3/9/2022 02:49, RNDr. Daniel Jakubík

Abstract

In the original language

Using a representative sample of 400 Slovaks, the present study investigated the mediating role of subjective perception of financial threat to the relation between psychological resources and behavioural responses in the adaptation to financial stress posed by the COVID-19 pandemic. The results of structural equation modelling analyses showed that greater neuroticism and uncertainty intolerance were positively related to aggravated perception of financial threat. This, in turn, led to greater willingness to change consumption patterns and use of mostly problem-focused coping strategies. The model remained robust after controlling for chronic financial hardship moderators, including the absence of savings and indebtedness. In contrast, the acute financial hardship caused by the deterioration of one's financial situation during the COVID-19 pandemic showed to significantly moderate the relation between one's psychological resources and perceived financial threat.

Files attached

https://is.muni.cz/publication/1761499/personality.pdf

Cite

ADAMUS, Magdalena and Matúš GREŽO. Individual differences in behavioural responses to the financial threat posed by the COVID-19 pandemic. Personality and Individual Differences. Kidlington (England): PERGAMON-ELSEVIER SCIENCE LTD, 2021, vol. 179, September, p. 1-7. ISSN 0191-8869. Available from: https://doi.org/10.1016/j.paid.2021.110916.

@article{51646,
   author = {Adamus, Magdalena and Grežo, Matúš},
   article_location = {Kidlington (England)},
   article_number = {September},
   doi = {https://doi.org/10.1016/j.paid.2021.110916},
   keywords = {Financial threat Neuroticism Uncertainty intolerance Consumption patterns Coping strategies COVID-19},
   language = {eng},
   issn = {0191-8869},
   journal = {Personality and Individual Differences},
   title = {Individual differences in behavioural responses to the financial threat posed by the COVID-19 pandemic},
   url = {https://www.sciencedirect.com/science/article/abs/pii/S0191886921002919},
   volume = {179},
   year = {2021}
}

TY  - JOUR
ID  - 51646
AU  - Adamus, Magdalena - Grežo, Matúš
PY  - 2021
TI  - Individual differences in behavioural responses to the financial threat posed by the COVID-19 pandemic
JF  - Personality and Individual Differences
VL  - 179
IS  - September
SP  - 1-7
EP  - 1-7
PB  - PERGAMON-ELSEVIER SCIENCE LTD
SN  - 0191-8869
KW  - Financial threat Neuroticism Uncertainty intolerance Consumption patterns Coping strategies COVID-19
UR  - https://www.sciencedirect.com/science/article/abs/pii/S0191886921002919
N2  - Using a representative sample of 400 Slovaks, the present study investigated the mediating role of subjective perception of financial threat to the relation between psychological resources and behavioural responses in the adaptation to financial stress posed by the COVID-19 pandemic. The results of structural equation modelling analyses showed that greater neuroticism and uncertainty intolerance were positively related to aggravated perception of financial threat. This, in turn, led to greater willingness to change consumption patterns and use of mostly problem-focused coping strategies. The model remained robust after controlling for chronic financial hardship moderators, including the absence of savings and indebtedness. In contrast, the acute financial hardship caused by the deterioration of one's financial situation during the COVID-19 pandemic showed to significantly moderate the relation between one's psychological resources and perceived financial threat.
ER  -

ADAMUS, Magdalena and Matúš GREŽO. Individual differences in behavioural responses to the financial threat posed by the COVID-19 pandemic. \textit{Personality and Individual Differences}. Kidlington (England): PERGAMON-ELSEVIER SCIENCE LTD, 2021, vol.~179, September, p.~1-7. ISSN~0191-8869. Available from: https://doi.org/10.1016/j.paid.2021.110916.

Přehled o publikaci