Financialisation of everyday life

Despite the growing literature on the financialisation of everyday life, studies that empirically examine the various theoretical approaches to it have been scarce. This paper aims to bridge this gap by analysing the financialisation of individuals' socio-economic behaviour in Southern Europe....

ver descrição completa

Detalhes bibliográficos
Autores: Abalde, Nazaret|||0000-0002-0097-6025, López Roldán, Pedro|||0000-0001-8775-2181, Massó, Matilde|||0000-0003-3163-7023
Tipo de documento: artigo
Data de publicação:2024
País:España
Recursos:Universitat Autònoma de Barcelona
Repositório:Dipòsit Digital de Documents de la UAB
Idioma:inglês
OAI Identifier:oai:ddd.uab.cat:306605
Acesso em linha:https://ddd.uab.cat/record/306605
https://dx.doi.org/urn:doi:10.5944/empiria.61.2024.41282
Access Level:Acceso aberto
Palavra-chave:Financialisation
Financialisation of everyday life
Southern Europe
Quantitative analysis
Economic sociology
Risk
Indebtedness
id ES_7bc32e0fbeeabf0b2465c17015e91790
oai_identifier_str oai:ddd.uab.cat:306605
network_acronym_str ES
network_name_str España
repository_id_str
spelling Financialisation of everyday lifeexploring socio economic behaviour in Southern European CountriesAbalde, Nazaret|||0000-0002-0097-6025López Roldán, Pedro|||0000-0001-8775-2181Massó, Matilde|||0000-0003-3163-7023FinancialisationFinancialisation of everyday lifeSouthern EuropeQuantitative analysisEconomic sociologyRiskIndebtednessDespite the growing literature on the financialisation of everyday life, studies that empirically examine the various theoretical approaches to it have been scarce. This paper aims to bridge this gap by analysing the financialisation of individuals' socio-economic behaviour in Southern Europe. To this effect, we used data from the second wave of the Household Finance and Consumption Survey (HFCS), drawn up by the European Central Bank in 2016. Firstly, we designed an operational model of the financialisation of everyday life based on variables related to individual financial behaviour, household money management, and the perception of economic risk. Secondly, we conducted a Multiple Correspondence Analysis (MCA) combined with a Cluster Analysis (CLA) to study the behaviour of individuals in Spain, Italy, Greece, and Portugal. The results question the financialisation of individual economic action in Southern Europe and point to the characterisation of a heterogeneous pattern of socio-economic behaviour in the region. This paper opens a new methodological and theoretical research agenda, since the literature on financialisation could benefit from our operational model of everyday life financialisation by applying it to further surveys.Universitat Autònoma de Barcelona. Centre d'Estudis Sociològics sobre la Vida Quotidiana i el Treball - QUIT 22024-01-0120242024-01-01Articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://ddd.uab.cat/record/306605https://dx.doi.org/urn:doi:10.5944/empiria.61.2024.41282reponame:Dipòsit Digital de Documents de la UABinstname:Universitat Autònoma de BarcelonaInglésengAgencia Estatal de Investigación https://doi.org/10.13039/501100011033 PID2019-106273RB-I00Agencia Estatal de Investigación https://doi.org/10.13039/501100011033 PID2022-139315OB-I00open accesshttp://purl.org/coar/access_right/c_abf2Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra, i la creació d'obres derivades, sempre que no sigui amb finalitats comercials i que es distribueixin sota la mateixa llicència que regula l'obra original. Cal que es reconegui l'autoria de l'obra original.https://creativecommons.org/licenses/by-nc-sa/4.0/info:eu-repo/semantics/openAccessoai:ddd.uab.cat:3066052026-06-06T12:50:31Z
dc.title.none.fl_str_mv Financialisation of everyday life
exploring socio economic behaviour in Southern European Countries
title Financialisation of everyday life
spellingShingle Financialisation of everyday life
Abalde, Nazaret|||0000-0002-0097-6025
Financialisation
Financialisation of everyday life
Southern Europe
Quantitative analysis
Economic sociology
Risk
Indebtedness
title_short Financialisation of everyday life
title_full Financialisation of everyday life
title_fullStr Financialisation of everyday life
title_full_unstemmed Financialisation of everyday life
title_sort Financialisation of everyday life
dc.creator.none.fl_str_mv Abalde, Nazaret|||0000-0002-0097-6025
López Roldán, Pedro|||0000-0001-8775-2181
Massó, Matilde|||0000-0003-3163-7023
author Abalde, Nazaret|||0000-0002-0097-6025
author_facet Abalde, Nazaret|||0000-0002-0097-6025
López Roldán, Pedro|||0000-0001-8775-2181
Massó, Matilde|||0000-0003-3163-7023
author_role author
author2 López Roldán, Pedro|||0000-0001-8775-2181
Massó, Matilde|||0000-0003-3163-7023
author2_role author
author
dc.contributor.none.fl_str_mv Universitat Autònoma de Barcelona. Centre d'Estudis Sociològics sobre la Vida Quotidiana i el Treball - QUIT
dc.subject.none.fl_str_mv Financialisation
Financialisation of everyday life
Southern Europe
Quantitative analysis
Economic sociology
Risk
Indebtedness
topic Financialisation
Financialisation of everyday life
Southern Europe
Quantitative analysis
Economic sociology
Risk
Indebtedness
description Despite the growing literature on the financialisation of everyday life, studies that empirically examine the various theoretical approaches to it have been scarce. This paper aims to bridge this gap by analysing the financialisation of individuals' socio-economic behaviour in Southern Europe. To this effect, we used data from the second wave of the Household Finance and Consumption Survey (HFCS), drawn up by the European Central Bank in 2016. Firstly, we designed an operational model of the financialisation of everyday life based on variables related to individual financial behaviour, household money management, and the perception of economic risk. Secondly, we conducted a Multiple Correspondence Analysis (MCA) combined with a Cluster Analysis (CLA) to study the behaviour of individuals in Spain, Italy, Greece, and Portugal. The results question the financialisation of individual economic action in Southern Europe and point to the characterisation of a heterogeneous pattern of socio-economic behaviour in the region. This paper opens a new methodological and theoretical research agenda, since the literature on financialisation could benefit from our operational model of everyday life financialisation by applying it to further surveys.
publishDate 2024
dc.date.none.fl_str_mv 2
2024-01-01
2024
2024-01-01
dc.type.none.fl_str_mv Article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://ddd.uab.cat/record/306605
https://dx.doi.org/urn:doi:10.5944/empiria.61.2024.41282
url https://ddd.uab.cat/record/306605
https://dx.doi.org/urn:doi:10.5944/empiria.61.2024.41282
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.relation.none.fl_str_mv Agencia Estatal de Investigación https://doi.org/10.13039/501100011033 PID2019-106273RB-I00
Agencia Estatal de Investigación https://doi.org/10.13039/501100011033 PID2022-139315OB-I00
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://creativecommons.org/licenses/by-nc-sa/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
https://creativecommons.org/licenses/by-nc-sa/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Dipòsit Digital de Documents de la UAB
instname:Universitat Autònoma de Barcelona
instname_str Universitat Autònoma de Barcelona
reponame_str Dipòsit Digital de Documents de la UAB
collection Dipòsit Digital de Documents de la UAB
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869411539385057280
score 15,812455