自我控制、金融知識與不良信用貸款行為的關連性-台灣地區的驗證

Translated title of the contribution: SELF-CONTROL, FINANCIAL LITERACY AND HARMFUL CONSUMER CREDIT BEHAVIOR IN TAIWAN MARKET

沈中華, 林士傑, 唐代彪, 蕭育仁

Research output: Contribution to journalArticle

Abstract

This paper uses Probit regression model for Third Undertaken National Financial Literacy survey in 2011 by Financial Supervisory Commission in Taiwan to examine the relationship between self-control, financial literacy and harmful consumer credit behavior. Lack self-control and financial illiteracy are positively associated with consumer over-indebtness and consumer cash advance. It means that people with lack self-control or financial illiteracy are more likely to suffer consumer credit problems. In most specifications we find a stronger role for lack of self-control than financial illiteracy in explaining consumer over-indebtness. Besides, physiological characteristics, like gender, marriage status, education level, family origin and household income, are also key factors affecting the chance to suffer consumer credit problems. Finally, our results are robustness to the potentially endogeneity and selection bias issue.
Translated title of the contributionSELF-CONTROL, FINANCIAL LITERACY AND HARMFUL CONSUMER CREDIT BEHAVIOR IN TAIWAN MARKET
Original languageTraditional Chinese
Pages (from-to)251-294
Number of pages44
Journal經濟論文
Volume44
Issue number2
Publication statusPublished - Jun 1 2016

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