Schlagwort: Finance
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The Social Consequences of Household Finance
Financial institutions around the world have made it easier for private individuals to take out a variety of loans and use financial products to invest and speculate. This trend has affected the ways in which people purchase property, consume desired goods, or cope with financial crises. But the influence of debt and the financial industry…
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The family as a wealth factor
A new study by the Max Planck Institute for Demographic Research, the University of Cologne, GESIS and the Norwegian Institute of Public Health has analysed how the financial wealth of individuals changes depending on different family generation changes. It was found that people who become parents and grandparents late and also lose their parents late…