Professional Financial Advice and Subjective Well-Being

被引:4
|
作者
Schepen, Arjen [1 ]
Burger, Martijn J. [2 ,3 ]
机构
[1] Erasmus Univ, Erasmus Sch Econ, Rotterdam, Netherlands
[2] Open Univ Netherlands, Dept Org, Heerlen, Netherlands
[3] Erasmus Univ, Erasmus Happiness Econ Res Org EHERO, POB 1738, NL-3000 DR Rotterdam, Netherlands
关键词
Subjective well-being; Happiness; Financial well-being; Financial advice; Financial services; Service research; HAPPINESS; INCOME; SATISFACTION; LIFE; DETERMINANTS; DISTRESS; DEBT;
D O I
10.1007/s11482-022-10049-9
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
In this paper, we examine the relationship between professional financial advice (PFA) and subjective well-being (SWB). Utilizing the Dutch Household Survey 1995-2018, we find that regarding a professional financial advisor as most important source of financial advice is associated with higher levels of SWB. This association is stronger for households that experienced an increase in income, individuals who do not consider themselves financially knowledgeable, and individuals that have a weaker internal locus of control and have a lower degree of conscientiousness.
引用
收藏
页码:2967 / 3004
页数:38
相关论文
共 50 条
  • [1] Professional Financial Advice and Subjective Well-Being
    Arjen Schepen
    Martijn J. Burger
    [J]. Applied Research in Quality of Life, 2022, 17 : 2967 - 3004
  • [2] SUBJECTIVE WELL-BEING - COMPONENTS OF WELL-BEING
    GLATZER, W
    [J]. SOCIAL INDICATORS RESEARCH, 1987, 19 (01) : 25 - 31
  • [3] Subjective well-being is essential to well-being
    Diener, E
    Sapyta, JJ
    Suh, E
    [J]. PSYCHOLOGICAL INQUIRY, 1998, 9 (01) : 33 - 37
  • [4] Subjective well-being
    Diener, E
    [J]. INTERNATIONAL JOURNAL OF PSYCHOLOGY, 1996, 31 (3-4) : 2320 - 2320
  • [5] SUBJECTIVE WELL-BEING
    DIENER, E
    [J]. PSYCHOLOGICAL BULLETIN, 1984, 95 (03) : 542 - 575
  • [6] FEATURES OF SUBJECTIVE WELL-BEING OF LEADERS WITH PROFESSIONAL DEFORMATIONS (BURNOUT)
    Polyakova, O. B.
    Petrova, E. A.
    Mironova, O. I.
    [J]. RPTSS 2018 - INTERNATIONAL CONFERENCE ON RESEARCH PARADIGMS TRANSFORMATION IN SOCIAL SCIENCES, 2018, 50 : 958 - 965
  • [7] Frailty, financial resources and subjective well-being in later life
    Hubbard, Ruth E.
    Goodwin, Victoria A.
    Llewellyn, David J.
    Warmoth, Krystal
    Lang, Iain A.
    [J]. ARCHIVES OF GERONTOLOGY AND GERIATRICS, 2014, 58 (03) : 364 - 369
  • [8] The Effect of COVID-19 on Subjective Financial Well-Being
    Tinghog, Gustav
    Asutay, Erkin
    Barrafrem, Kinga
    Vastfjall, Daniel
    [J]. JOURNAL OF FINANCIAL COUNSELING AND PLANNING, 2024, 35 (02): : 234 - 243
  • [9] One (Financial Well-Being) Model Fits All? Testing the Multidimensional Subjective Financial Well-Being Scale Across Nine Countries
    Sorgente, Angela
    Atay, Buenyamin
    Aubrey, Marc
    Bhatia, Shikha
    Crespo, Carla
    Fonseca, Gabriela
    Gueneri, Oya Yerin
    Lep, Zan
    Lessard, David
    Negru-Subtirica, Oana
    Portugal, Alda
    Ranta, Mette
    Relvas, Ana Paula
    Singh, Nidhi
    Sirsch, Ulrike
    Zupancic, Maja
    Lanz, Margherita
    [J]. JOURNAL OF HAPPINESS STUDIES, 2024, 25 (1-2)
  • [10] One (Financial Well-Being) Model Fits All? Testing the Multidimensional Subjective Financial Well-Being Scale Across Nine Countries
    Angela Sorgente
    Bünyamin Atay
    Marc Aubrey
    Shikha Bhatia
    Carla Crespo
    Gabriela Fonseca
    Oya Yerin Güneri
    Žan Lep
    David Lessard
    Oana Negru-Subtirica
    Alda Portugal
    Mette Ranta
    Ana Paula Relvas
    Nidhi Singh
    Ulrike Sirsch
    Maja Zupančič
    Margherita Lanz
    [J]. Journal of Happiness Studies, 2024, 25