Impact Of Financial Stress Research Articles

Impact of Financial Stress on Academic Performance of University Students in South East Nigeria

Abstract The purpose of this study is to examine how financial stress affects academic performance among university students in South East Nigeria. By using descriptive statistics and the Chi-Square model, we examined the relationship between financial stress and academic outcomes among 250 participants from five South Eastern universities. Several key factors contributing to financial stress were examined such as students’ monthly income, medical bills cost, ability to save, academic materials cost, student borrowing levels, and cost of feeding. The findings indicate that students’ monthly income and the cost of medical bills are the key determinants of financial stress among students. Based on the second objective, the study revealed that inability to pay bills as student, the inability to purchase required academic materials (books, course packs, supplies) due to their high costs, difficulties in paying school fees, and work schedules are the most significant factors that contribute to financial stress which negatively affect academic performance for students. Therefore, we recommend that government should enhance its financial assistance programs to alleviate financial stress among university students as this will improve their academic performance. Also, Collaboration with external stakeholders, can further enhance the resources available to students in need. Finally, this study illustrates the detrimental effects of financial stress on academic performance among university students in southeast Nigeria and should be interpreted with caution as its limited to South-East Nigeria.

The Impact of Financial Stress on New Energy Vehicles Industry from Cross-correlation to Explainable Machine Learning: Proof from China

The Impact of Financial Stress on New Energy Vehicles Industry from Cross-correlation to Explainable Machine Learning: Proof from China

Impact of Financial Stress, Parental Expectation and Test Anxiety on Role of Suicidal Ideation: A Cross-Sectional Study among Pre-Medical Students

Impact of Financial Stress, Parental Expectation and Test Anxiety on Role of Suicidal Ideation: A Cross-Sectional Study among Pre-Medical Students

Financial Stress, Family, Marital, and Life Satisfaction of Turkish Families During Covid-19: What Did We Learn?

It is well known that the Covid-19 that hit the world caused a global economic crisis. This present study aimed at examining the economic impact of this crisis with respect to families with both quantitative and qualitative approaches. In this study, we intended to demonstrate how families (n=247) met their basic needs, how they coped with financial stress, how financial stress relates to family characteristics and how it affects marital, family, and life satisfaction. The impact of family characteristics on financial stress was examined through regression analysis. The impact of financial stress on marital, family, and life satisfaction was determined through content analysis. The results of the regression analysis showed that the influence of education, debt, minimum wage employment, and fear of being laid off on financial stress was significant. The qualitative results show that individuals' marital, family and life satisfaction were negatively affected due to the financial stress they experienced during the Covid-19.

Impact of financial stress in advanced and emerging economies

PurposeThe purpose of the paper is to examine the differences in the impact of financial stress in advanced and emerging economies.Design/methodology/approachThe authors employ a panel vector autoregression model (PVAR) for a comparative analysis of the relationship between financial stress, economic growth and monetary stability in 14 advanced and emerging economies. A homogeneous measure of financial stress is constructed and measured as an index that provides signals of stress episodes in an economy.FindingsThe impact of financial stress shocks is greater on the economic growth of advanced economies; likewise, financial stress shocks are significant only in advanced economies. The interbank interest rate is negatively affected by financial stress in emerging economies. In general, the results show a clear view of the importance of financial stability and the economic relevance of financial stress measures in the context of macro-prudential regulation.Originality/valueThe results can be extended to monetary policy to implement measures that mitigate the impact of future financial crises.

The Impact of Financial Stress on Workplace Harassment and Discrimination

The Impact of Financial Stress on Workplace Harassment and Discrimination

The Role of Intergenerational Relationships: Applying the Family Stress Model to Grandfamilies

The Family Stress Model (FSM) of Economic Hardship (Conger, Rueter, & Conger, 2000) was developed to explain the impact of financial stress on families through links between economic difficulties, parental emotional distress, marital conflict, disrupted parenting behaviors, and child maladjustment. The FSM has been cross validated in samples of custodial grandparents (i.e., grandparents who provide substantial care for their grandchildren; Smith et al., 2017). The current study modified the FSM by replacing inter-parent relationship difficulties with inter-generational relationship problems between the custodial grandparents and their children to ultimately examine the adjustment of the grandchildren. This change to the model is supported by prior research conducted on intergenerational stress impacting the parenting and subsequent development of children in grandfamilies (Barnett, Mills-Koonce, Gustafsson, & Cox, 2012). Using a nationwide sample of 317 custodial grandparents aged 40 and older (M = 61 yr) the fit of the modified model was tested using AMOS 26. Latent variables in the model included Economic Pressure, Caregiver Distress, Disrupted Parenting, Intergenerational Relationship, and Child Adjustment. Moderate fit was achieved (χ2(308) = 574.88; CFI = .896; RMSEA = .052). All pathways were significant with the exception of Disrupted Parenting to Child Adjustment. These results indicate that intergenerational relationships are an important predictor of child adjustment, and an applicable substitute for inter-partner relationships when modeling family stress in custodial grandfamilies. Details and clinical implications will be discussed.

Financial Stress and Job Performance of Employees of a Government Agency in Negros Occidental

Financial stress is a condition that is becoming more predominant in society nowadays, especially among employees. There are more financial challenges among employees today, and these challenges are being reflected in the workplace's daily operations. Employees tend to bring financial problems into the workplace that affects their performance. The impact of financial stress has not been given considerable attention by human resource professionals in the government agencies in the Philippines. Thus, the paper determines the level of financial stress and job performance of employees of a Government Agency in Negros Occidental when grouped according to age, sex, family status, position level, estimated loan obligation, and district office. Also, it determines the relationship between financial stress and job performance.

The impact of financial stress on the relation “Liquidity risk-performance and credit risk”

The impact of financial stress on the relation “Liquidity risk-performance and credit risk”

A Study on Impact of Financial Stress on Students’ Academics

A Study on Impact of Financial Stress on Students’ Academics

Field Placement and the Impact of Financial Stress on Social Work and Human Service Students

ABSTRACTWhile significant research has been undertaken exploring the pedagogical benefits of undertaking lengthy social work and human services field placements, there has been very little consideration given to the potential financial stress involved for students. This study sought to address this knowledge gap. Research was conducted in 2014 using quantitative and qualitative methods with students and academic and professional staff from six Queensland universities. The findings show a significant relationship between unpaid placements and financial hardship, creating considerable stress for students and at times a compromised placement learning experience. The limited flexibility in requirements from professional bodies and universities for how placements are undertaken has been identified as a key contributor to financial hardship. Addressing the complexities inherent in this issue requires a collaborative effort from multiple stakeholders and should not be regarded as a problem for students to endure and manage.

Investigating impact of financial stress on FII flows in Indian equity market

AbstractThe present study attempts to capture the impact of financial stress prevailing in the Indian as well as US financial system on FII flows in the Indian equity market by employing logistic regression model. The span of monthly data ranges from 2004 to 2014. Owing to non-existence of any standardized index, the study firstly constructs Indian Financial Stress Index. The empirical results have established that with an increase in financial stress in the Indian and US financial system, probability of positive FII flows reduces and consequently the probability of negative flows increases. The results are critically important for the international as well as Indian investors.

Financial Stress, Coping Strategy, and Academic Achievement of College Students

The impact of financial stress on college students can range from psychological distress to adverse academic outcomes. The purpose of this study was to identify how resources and perceptions alter the amount of financial stress felt by college students and how this relates to academic achievement. Results from 2,236 Midwestern college students indicate that financial and life stressors, higher subjective financial knowledge, fewer financial resources, negative perceptions, and lower mastery are associated with higher financial stress. Financial stress was not associated with academic achievement, but financial stressors, objective financial knowledge, and financial resources were highly related to financial stress. Increasing available financial resources to students, in addition to providing opportunities to increase financial knowledge for students, would likely be associated with decreased stress and better academic achievement.

Macroeconomic effects of financial stress and the role of monetary policy: a VAR analysis for the euro area

This paper analyses an otherwise standard macro-financial VAR model for the euro area that includes - apart from conventional measures of output, inflation and monetary policy - a composite indicator of systemic financial stress, namely the CISS index, and total assets of the ECB balance sheet capturing the stance of unconventional monetary policy. I find that the CISS contributes significantly to the dynamics of the macroeconomy and exerts a strong influence on monetary policy when looking at both policy rates and the ECB balance sheet. The significance of the CISS appears robust to the inclusion of a broad set of real and financial control variables. Based on tests of direct versus indirect (Granger-)causality patterns proposed in Hsiao (1982), I also find that unlike unconventional policy as measured by ECB balance sheet growth, the policy rate does not seem to react directly to variations in financial stress but rather indirectly through the impact of financial stress on macroeconomic conditions. These different patterns of reaction are broadly consistent with the ECB’s “separation principle”. The estimated effects of the ECB’s standard and non-standard policy measures on inflation and economic growth are moderate, although an easier stance in both policy tools helps calm down financial stress.

Macroeconomic Effects of Financial Stress and the Role of Monetary Policy: A VAR Analysis for the Euro Area

This paper analyses a macro-financial VAR model for the euro area that includes -- apart from conventional measures of output, inflation and monetary policy -- a composite indicator of systemic financial stress, namely the CISS index, and total assets of the ECB balance sheet capturing the stance of unconventional monetary policy. I find that the CISS contributes significantly to the dynamics of the macroeconomy and exerts a strong influence on monetary policy when looking at both policy rates and the ECB balance sheet. The significance of the CISS appears robust to the inclusion of a broad set of real and financial control variables. Based on tests of direct versus indirect (Granger-)causality patterns proposed in Hsiao (1982), I also find that unlike unconventional policy as measured by ECB balance sheet growth, the policy rate does not seem to react directly to variations in financial stress but rather indirectly through the impact of financial stress on macroeconomic conditions. These different patterns of reaction are broadly consistent with the ECB's separation principle. The estimated effects of the ECB's standard and non-standard policy measures on inflation and economic growth are moderate although a more easy stance in both policy tools helps calming down financial stress.

Financiële stress van ouders en het probleemgedrag van adolescenten - De mediërende bijdrage van depressieve symptomen, relatieconflicten en opvoedingsgedragingen

The association between financial stress experienced by mothers and fathers and problem behavior in adolescents: the mediating role of depressive symptoms, interparental conflicts and parenting In this study, we examine how financial stress is associated with problem behaviour in adolescents through the lives of their parents. Using an actor-partner interdependence model, we explore pathways within (actor) and between (partner) parents. Our data included 340 Flemish two-parent families (n = 1020), with both parents rating their financial stress, depressive symptoms and interparental conflict, and with parents and adolescents rating parenting and problem behaviour in adolescents.The results indicate that the association between financial stress and problem behaviour in adolescents is mediated by depressive symptoms, interparental conflict and positive parenting. Another finding is that financial stress has direct and indirect effects on interparental conflict. Furthermore, the impact of financial stress on parenting is greater for fathers than it is for mothers. Although actor effects are more prominent, there is also evidence of partner effects. Our results underscore the importance of including multiple family members in studies on family stress processes.

Family Financial Stress, Parenting and Problem Behavior in Adolescents

In this study, we examine how financial stress is associated with problem behavior in adolescents through the lives of their parents. Using an actor–partner interdependence model, we explore pathways within (actor) and between (partner) parents. Our data included 340 families, with both parents rating their financial stress, depressive symptoms, and interparental conflict, and with parents and adolescents rating parenting and problem behavior in adolescents. The results indicate that the association between financial stress and problem behavior in adolescents is mediated by depressive symptoms, interparental conflict, and positive parenting. Another finding is that financial stress has direct and indirect effects on interparental conflict. Furthermore, the impact of financial stress on positive parenting is greater for fathers than it is for mothers. Although actor effects are more prominent, there is also evidence of partner effects. Our results underscore the importance of including multiple family members in studies on family stress processes.

Economic deprivation and its effects on subjective wellbeing in families of people with multiple sclerosis

Background: There has been limited research on the role of financial strain on the adjustment of people with multiple sclerosis.Aims: This study examined the financial costs of MS and the impact of financial strain on the quality of life and adjustment of people with MS and their families.Methods: Interviews were conducted with 16 health professionals, 26 people with MS and 11 family members of people who have MS.Results: Economic deprivation impacted on the subjective well being of many families living with MS. Concerns included adjustment to a lower income if the person with MS reduced or ceased work, and meeting the costs of home alterations, mobility equipment, and special transport. The additional cost of living with MS is a stress factor, especially for people dependent on disability support pensions.Conclusions: It is anticipated that the findings from this study will raise the awareness of health professionals and politicians regarding the potential impact of financial stress on people with MS and their families.

The Impact of Financial Stress on Agricultural Financial Intermediation: Performance and Opportunity

Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomieVolume 36, Issue 4 p. 813-819 The Impact of Financial Stress on Agricultural Financial Intermediation: Performance and Opportunity Ralph Ashmead, Ralph Ashmead Ashmead Economic Research Inc., 2019 Prince Charles Road, Ottawa, OntarSearch for more papers by this author Ralph Ashmead, Ralph Ashmead Ashmead Economic Research Inc., 2019 Prince Charles Road, Ottawa, OntarSearch for more papers by this author First published: December 1988 https://doi.org/10.1111/j.1744-7976.1988.tb03321.xRead the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Volume36, Issue4December 1988Pages 813-819 RelatedInformation