Impact of COVID-19 on lifestyle and financial behaviour: The implications to research in financial vulnerability

Ning Ma; Yam Wing Siu; Tsun Se Cheong; Brian Tung

doi:10.3389/fpsyg.2022.1073017

Frontiers in Psychology (Dec 2022)

Impact of COVID-19 on lifestyle and financial behaviour: The implications to research in financial vulnerability

Ning Ma,
Yam Wing Siu,
Tsun Se Cheong,
Brian Tung

Affiliations

Ning Ma: Hainan College of Economics and Business, Haikou, China
Yam Wing Siu: Department of Economics and Finance, The Hang Seng University of Hong Kong, Hong Kong, Hong Kong SAR, China
Tsun Se Cheong: Department of Economics and Finance, The Hang Seng University of Hong Kong, Hong Kong, Hong Kong SAR, China
Brian Tung: Department of Economics and Finance, The Hang Seng University of Hong Kong, Hong Kong, Hong Kong SAR, China

DOI: https://doi.org/10.3389/fpsyg.2022.1073017
Journal volume & issue: Vol. 13

Abstract

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The outbreak of coronavirus pandemic in late 2019 posted unprecedented social-economic challenges and disruptions to societies and individuals. The “new-normal” styles of living and working could intertwined with other determinants complicating the investigation of individual’s financial vulnerability. The purpose of this paper is to conduct literature survey to review and consolidate the recent scattered literatures to identify some possible factors to be considered in the research related to financial vulnerability, including pandemic’s impact of COVID-19 to different aspects of personal finance issues, pandemic-driven digitisation of the economy activities, changes in financial behaviour and addiction to digital technology.

Published in Frontiers in Psychology

ISSN: 1664-1078 (Online)
Publisher: Frontiers Media S.A.
Country of publisher: Switzerland
LCC subjects: Philosophy. Psychology. Religion: Psychology
Website: https://www.frontiersin.org/journals/psychology

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