@misc{Potocki_Tomasz_Financial_2019,
 author={Potocki, Tomasz},
 identifier={DOI: 10.15611/aoe.2019.2.04},
 year={2019},
 rights={Wszystkie prawa zastrzeżone (Copyright)},
 publisher={Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu},
 description={Argumenta Oeconomica, 2019, Nr 2 (43), s. 85-114},
 language={eng},
 abstract={This paper examines low-income households’ financial capability by looking at their financial literacy, financial behaviour as well as financial inclusion. Using the data from micro-study, the author proves that even though financial literacy among low-income households is very low, most financial behaviour (especially the basic ones like managing a financial budget) are rather high. It seems that being financially illiterate does not stop low-income households from being financially capable, which might be mainly connected with some social and environmental factors that shape their capability and help low-income members of households to find some other ways of achieving satisfactory level of financial behaviour than just through increasing financial literacy. Moreover, having little money forces low-income households to become very careful financial decision-makers. Additionally, the multivariate analysis has shown that being financially literate (especially risk and debt literate) and being financially included are key latent factors in understanding financial capability among low-income households from rural regions of Poland. These two factors also play a significant role in understanding the adaptation to low-income among the polled households (measured by the marginal effects of pseudo-R2 ratio in logit model)},
 title={Financial capability among low-income households in rural parts of Poland},
 type={artykuł},
 keywords={financial capability, financial literacy, personal finance, low-income, financial inclusion, capability approach, poverty, rural regions},
}