@article{grzywiskarpca2023financial,
  title = {Financial Situation In The Assessments Of The Head Of The Household And Their Relationship With Debt In Different Phases Of The Life Cycle:  A Case Study (Poland)},
  author = {Malgorzata Grzywińska-Rąpca and Mariola Grzybowska – Brzezińska},
  year = 2023,
  url = {https://ibimapublishing.com/articles/JEERBE/2023/426741/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2023,
  pages = 9,
  doi = 10.5171/2023.426741,
  abstract = {In assessing the financial situation of households, opinions provided by household heads were used. Questions about the financial situation of the household are treated as variables of a subjective nature - which is more and more often used in research on the degree of satisfaction of needs and financial situation. The aim of the article was to show: (1) whether subjective assessments affect the objective dimension of household debt and (2) whether the age of the household head differentiates household behavior in the area of debt. Household fractions were distinguished according to the age of the household head. A relationship was found between the subjective variables: Assessment of the degree to which current needs are satisfied, Characteristics of household debt and Expected change in the household's financial situation in the next 12 months, and the level of debt. It was also established that the age of the head of the household is a factor differentiating the described phenomenon.
JEL classification: C24, C31, D14, D31},
  keywords = {household, debt, subjective characteristics of debt},
  note = Article ID: 426741
}