<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper provides an overview of the financial and psychological reverberations being felt by sections of the Australian population during the COVID-19 pandemic. It considers the interplay between economic forces, financial resources and psychological reactions during the pandemic and whether the outcomes will manifest in ongoing changes to how individuals and generational cohorts consider and plan for their financial futures. In particular, financial stress, mental distress, financial risk attitudes and risk tolerance are considered in the light of lasting changes resulting from past financial and socio-historical events.</p>
</abstract>

This paper provides an overview of the financial and psychological reverberations being felt by sections of the Australian population during the COVID-19 pandemic. It considers the interplay between economic forces, financial resources and psychological reactions during the pandemic and whether the outcomes will manifest in ongoing changes to how individuals and generational cohorts consider and plan for their financial futures. In particular, financial stress, mental distress, financial risk attitudes and risk tolerance are considered in the light of lasting changes resulting from past financial and socio-historical events.

Financial and Psychological Reverberations During COVID-19: Evidence for Individual and Generational Turning Points?

Financial Planning Research Journal

This work is licensed under the Creative Commons Attribution 4.0 International License.

This paper provides an overview of the financial and psychological reverberations being felt by sections of the Australian population during the COVID-19...

Financial and Psychological Reverberations During COVID-19: Evidence for Individual and Generational Turning Points?

Published Online: Mar 15, 2024

Page range: 43 - 64

DOI: https://doi.org/10.2478/fprj-2021-0001

© 2021 Kym Irving, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.