Financial counseling and education becomes more important in the recent economic crisis. Financial ratios quantify household financial well-being and can provide a quick and easy way to identify household financial strengths and weaknesses. Using the survey method, this study investigates the...

The income replacement rate (income immediately following retirement divided by income immediately preceding retirement) has become widely used as a measure of economic preparation for retirement. Yet a number of relevant issues are not adequately captured by the replacement rate concept. These...

This paper examines the different ways that economists have characterized the empirical content of modern consumer choice theory. There has been general agreement among economists that each stage in the development of the theory – from early neoclassical, to ordinal utility, and on to revealed...

In 2008 Ecuador reformed its constitution after a prolonged period of economic, social and political crisis. The momentary rupturing of power structures that had limited political participation to small clusters of elites opened political spaces for historically marginalized social groups to...

Micro finance is defined as to provide small scale financial services - both credit and savings to the economically disadvantaged people in rural, semi-urban and urban areas. Study was done to find the impact of microfinance on living standard of urban poor women & its societal consequences with...

This paper investigates household determinants of welfare and poverty in Botswana. Using the 2002/03 Household Income and Expenditure Survey (HIES) and the 2009/10 Botswana Core Welfare Indicator Survey (BCWIS), and employing regression analysis, we identify education level and employment status...

'In the medium term, the convergence process towards more resilient economic structures... should become more binding. This would be achieved by agreeing on a set of common high-level standards that would be defined in EU legislation, as sovereignty over policies of common concern would be...

This article presents for the first time a comparative study of the cost of disability for households in 31 European countries. In order to do so, we exploit the European Union Statistics on Income and Living Conditions, its special module on housing conditions for 2007 and 2012 and employ two...