Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam

This paper attempts to answer an interesting but empirically challenging question: do personality, aggressiveness, and mood lead to changes in savings behaviour? This paper has adopted psychometric tests - UPPS Personality Traits, Aggressiveness (AGGR), and Happiness (POMS) - as the instruments, whi...

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Main Authors: Ritzky Karina, Brahmana, Rayenda Khresna, Brahmana
Format: Article
Language:English
Published: Inderscience Enterprises Ltd. 2016
Subjects:
Online Access:http://ir.unimas.my/id/eprint/13628/
http://ir.unimas.my/id/eprint/13628/1/Psychological%20factors%20of%20impulsive.docx
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author Ritzky Karina, Brahmana
Rayenda Khresna, Brahmana
author_facet Ritzky Karina, Brahmana
Rayenda Khresna, Brahmana
author_sort Ritzky Karina, Brahmana
building UNIMAS Institutional Repository
collection Online Access
description This paper attempts to answer an interesting but empirically challenging question: do personality, aggressiveness, and mood lead to changes in savings behaviour? This paper has adopted psychometric tests - UPPS Personality Traits, Aggressiveness (AGGR), and Happiness (POMS) - as the instruments, which were tested in Indonesia, Malaysia, Thailand, and Vietnam (ASEAN-4) by using a survey mode with 2,257 respondents. The results show that an individual with aggressive behaviour tends to have compulsive behaviour in consumption by making fewer savings. The mood of an individual also induces savings behaviour. Interestingly, aggressiveness is the mediator to explain the association between mood and savings behaviour. The personality type also affects spending behaviour. However, this moderating effect of personality was only observed in Thailand and Vietnam, not in Indonesia and Malaysia. Regulators can use the findings by controlling inflation through monetary policy following the mood cycles of individuals. The findings can also be used for policymaking.
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publishDate 2016
publisher Inderscience Enterprises Ltd.
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spelling unimas-136282016-09-27T19:41:40Z http://ir.unimas.my/id/eprint/13628/ Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam Ritzky Karina, Brahmana Rayenda Khresna, Brahmana HC Economic History and Conditions This paper attempts to answer an interesting but empirically challenging question: do personality, aggressiveness, and mood lead to changes in savings behaviour? This paper has adopted psychometric tests - UPPS Personality Traits, Aggressiveness (AGGR), and Happiness (POMS) - as the instruments, which were tested in Indonesia, Malaysia, Thailand, and Vietnam (ASEAN-4) by using a survey mode with 2,257 respondents. The results show that an individual with aggressive behaviour tends to have compulsive behaviour in consumption by making fewer savings. The mood of an individual also induces savings behaviour. Interestingly, aggressiveness is the mediator to explain the association between mood and savings behaviour. The personality type also affects spending behaviour. However, this moderating effect of personality was only observed in Thailand and Vietnam, not in Indonesia and Malaysia. Regulators can use the findings by controlling inflation through monetary policy following the mood cycles of individuals. The findings can also be used for policymaking. Inderscience Enterprises Ltd. 2016 Article PeerReviewed text en http://ir.unimas.my/id/eprint/13628/1/Psychological%20factors%20of%20impulsive.docx Ritzky Karina, Brahmana and Rayenda Khresna, Brahmana (2016) Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam. International Journal of Happiness and Development, 3 (1). ISSN 2049-2790 http://www.inderscienceonline.com/doi/abs/10.1504/IJHD.2016.076194?journalCode=ijhd DOI: http://dx.doi.org/10.1504/IJHD.2016.076194
spellingShingle HC Economic History and Conditions
Ritzky Karina, Brahmana
Rayenda Khresna, Brahmana
Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam
title Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam
title_full Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam
title_fullStr Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam
title_full_unstemmed Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam
title_short Psychological factors of impulsive savings traits: survey carried out in Indonesia, Malaysia, Thailand, and Vietnam
title_sort psychological factors of impulsive savings traits: survey carried out in indonesia, malaysia, thailand, and vietnam
topic HC Economic History and Conditions
url http://ir.unimas.my/id/eprint/13628/
http://ir.unimas.my/id/eprint/13628/
http://ir.unimas.my/id/eprint/13628/
http://ir.unimas.my/id/eprint/13628/1/Psychological%20factors%20of%20impulsive.docx