The role of self-control in reducing financial threat perception at the onset of covid-19 pandemic

HIGHLIGHTS

  • What: The authors attempt to understand how people manage their condition during uncertainty such as the economic crisis induced by the Covid-19 pandemic. The study provides evidence that at the onset of a financial crisis self-control is needed to cope with acute stress that arises from sudden uncertainty. Specifically, the authors examine whether self-control could promote good financial behavior, such as saving and planning activities. The authors investigate whether self-control and financial behavior reduce the financial threat perception.
  • Who: M S I from the Department of Management, Universitas Diponegoro, Indonesia Department . . .

     

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