Revistas Académicas WoS

Responsible Personal Finance: The Role of Conscientiousness in Bank and Pension Savings in Chile


We investigate the role of trait conscientiousness, from the Big Five personality traits, in explaining individual saving behavior. Conscientiousness is a disposition to be responsible and pursue non-immediate goals; thus, we expect this trait to positively predict saving behavior. Using a nationally representative survey from Chile, we find the expected effect of conscientiousness on pension and bank savings.

International Review of Finance, Vol. 16, No. 1, pp. 161 - 167, Noviembre, 2015
Autor(es): Kausel Edgar; Hansen Erwin, Tapia Pablo