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Aspiring to a better life, or surviving on the minimum? Explaining the discrepancies between Hungarians’ declared and real financial situation
Corvinus Journal of Sociology and Social Policy
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| Title |
Aspiring to a better life, or surviving on the minimum? Explaining the discrepancies between Hungarians’ declared and real financial situation
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| Creator |
Hajdu, Csongor
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| Subject |
Economic sociology
confidence, spending, income, benchmark, inequality, poverty |
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| Description |
Recent comparison of the consumer confidence of Hungarians with their spending reveals numerous cases when individuals became less confident about their financial situation (expecting it to get worse), yet continued – and even increased – spending, rather contradicting initial expectations. This discrepancy cannot be explained by general, national financial indicators, as income and inflation only provide a partial understanding of the difference between confidence and spending. A review of further determinants highlights the similarities between trends in confidence, poverty, and the social gap, suggesting that the revision and consideration of social benchmarks and previous income trends are significant determinants of consumer confidence and spending.
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| Publisher |
Doctoral School of Sociology, Corvinus University Budapest
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| Contributor |
Béla Janky, Hungarian Scientific Academy
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| Date |
2017-12-18
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://cjssp.uni-corvinus.hu/index.php/cjssp/article/view/154
10.14267/cjssp.2017.02.03 |
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| Source |
Corvinus Journal of Sociology and Social Policy; Vol 8, No 2 (2017)
2062-087X 2061-5558 |
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| Language |
eng
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| Relation |
http://cjssp.uni-corvinus.hu/index.php/cjssp/article/view/154/pdf
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| Rights |
Copyright (c) 2017 Corvinus Journal of Sociology and Social Policy
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