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What is Investment-Consumer Type of Risk

Global Trends of Modernization in Budgeting and Finance
Is characterized by the following features: low-quality goods and/or services in use; consumer goods which could have a significant negative impact on consumers; consumer goods that are not meeting the current demands of customers; consumption of a high-quality product that is still unable to meet the demands of consumers under certain current existing conditions.
Published in Chapter:
Financial Behavior of Russian Population under Crisis Phenomena
Krasovskaya Nadezhda (Tyumen State University, Russia), Danilova Elena (Tyumen State University, Russia), and Zamuraeva Larisa (Tyumen State University, Russia)
Copyright: © 2019 |Pages: 22
DOI: 10.4018/978-1-5225-7760-7.ch002
Abstract
Basing on the analysis of contemporary literature sources, the category “financial behavior of population” is defined. Analysis of the factors influencing financial behavior of households under the conditions of ongoing crisis is carried out. Our quantitative study was carried out to identify the motives behind the financial strategy and the reasons limiting the financial behavior of population. Trends in the use of monetary incomes by population have been revealed, dynamics of the structure and the volume of savings has been shown. Transformations of financial strategies of households during the crisis are also demonstrated. A typology of households was developed according to the criterion of money management depending on sociodemographic characteristics, taking into account the age of the respondents, their financial standing and also their lifestyle. The purpose of this study is to determine the contents, the structure, characteristics, dynamics and other factors of financial behavior of a mass actor on the example of the Tyumen region.
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