Rostamkalaei, Anoosheh, Riding, Allan (2020) Immigrants, Financial Knowledge, and Financial Behavior. Journal of Consumer Affairs, 54 (3). pp. 951-977. ISSN 0022-0078. E-ISSN 1745-6606. (doi:10.1111/joca.12311) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided) (KAR id:90486)
PDF
Publisher pdf
Language: English Restricted to Repository staff only |
|
Contact us about this Publication
|
![]() |
Official URL: https://doi.org/10.1111/joca.12311 |
Abstract
This research seeks to identify gaps in financial knowledge and behaviors between immigrants to Canada and individuals who are born in Canada. The research aims to evaluate to what extent immigrants involve themselves in financial planning and avoid harmful financial behaviors. Employing the Canadian Financial Capability Survey (2009), the findings of the study suggest that immigrants are less likely to show high levels of financial knowledge compared to born citizens. The knowledge gap between immigrants and born citizens narrows as an individual resides longer in Canada. In addition, immigrants are less likely to prepare themselves financially for their retirement or to have long-term investments. The findings provide a basis for addressing the implications of weak financial knowledge.
Item Type: | Article |
---|---|
DOI/Identification number: | 10.1111/joca.12311 |
Subjects: | H Social Sciences > HF Commerce > HF5351 Business |
Divisions: | Divisions > Kent Business School - Division > Department of Marketing, Entrepreneurship and International Business |
Depositing User: | Anoosheh Rostamkalaei |
Date Deposited: | 30 Sep 2021 10:17 UTC |
Last Modified: | 04 Mar 2024 18:22 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/90486 (The current URI for this page, for reference purposes) |
- Export to:
- RefWorks
- EPrints3 XML
- BibTeX
- CSV
- Depositors only (login required):