At what age do Mexicans suffer the most financial stress?

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AudienciaPúblico en generales_ES
CoberturaMéxico [143]es_ES
Fecha de ingreso2026-09-09T01:06:08Z
Fecha de publicación2023-01-01
ResumenPurpose Needs change as people get older. Procuring resources to satisfy them can generate anguish and insecurities in consumers due to their financial situation. This study aims to analyze the relationship between age and financial stress among Mexican adults and estimate the age of their maximum financial stress. Design/methodology/approach This study is based on constructing a financial stress indicator using the confirmatory factor analysis and linear regression models with a quadratic term, employing data from the National Survey on Financial Inclusion 2021. Findings Results show that the relationship between age and financial stress follows a quadratic pattern, with a maximum level at age 56, which varies according to sex, marital status, number of dependents, education and regions. These findings interest financial product designers and policy developers who aim to improve consumers' well-being. Research limitations/implications Longitudinal studies and indicators, such as financial fragility, are needed to facilitate refining models over time. Originality/value There is no evidence of studies that have addressed the age of maximum financial stress in Latin America. Doing so is relevant because identifying the stages in life when adults are most vulnerable to financial stress helps assess its causes more precisely, thus mitigating its adverse effects.es_ES
Doi10.1108/jefas-04-2023-0087es_ES
URIhttps://riuat.uat.edu.mx/handle/123456789/1549
IdiomaInglés [20]es_ES
EditorialEmeraldes_ES
RelaciónOsvaldo García Mata. (2023). At what age do Mexicans suffer the most financial stress?. Journal of Economics, Finance and Administrative Science, 29(58). https://doi.org/10.1108/jefas-04-2023-0087es_ES
URL relacionadohttps://doi.org/10.1108/jefas-04-2023-0087es_ES
DerechosAcceso Abiertoes_ES
LicenciaBY NC NDes_ES
FuenteJournal of Economics, Finance and Administrative Science, (2077-1886) vol.29 (2023)
Palabra claveFinancial stresses_ES
Palabra claveFinancial well-beinges_ES
Palabra claveAginges_ES
Palabra claveMidlifees_ES
Palabra claveMexicoes_ES
Palabra claveRegiones_ES
ClasificaciónCIENCIAS SOCIALES [5]:CIENCIAS ECONÓMICAS [53]:ORGANIZACIÓN Y DIRECCIÓN DE EMPRESAS [5311]es_ES
TítuloAt what age do Mexicans suffer the most financial stress?es_ES
TipoArtículoes_ES
ArbitradoHa sido Arbitradoes_ES
ÁreaCIENCIAS SOCIALES [5]
ÁreaCIENCIAS SOCIALES [5]es_ES
AutorOSVALDO GARCÍA MATA;862
AutorOSVALDO GARCÍA MATA;862es_ES
DisciplinaCIENCIAS ECONÓMICAS [53]es_ES
EdiciónPrimeraes_ES
Número58es_ES
Rango de páginas210-228es_ES
SubdisciplinaORGANIZACIÓN Y DIRECCIÓN DE EMPRESAS [5311]es_ES
Tipo de artículoIndexado
Tipo de artículoIndexadoes_ES
Volumen29es_ES

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