Inflation Expectations Affecting the Personal Finances of Undergraduate Students

Published: 15 September 2022| Version 2 | DOI: 10.17632/zcxdsw95bm.2
Contributors:
Deborah George,

Description

This data-set cited sources that helped assess the interrelationship between savings, spending, and inflation expectations among undergraduate students. It was directed towards discovering the difficulties students may face with their finances because of inflation. A web-based survey was administered to 315 undergraduate students in Nigeria. Data obtained was analyzed using descriptive statistics such as percentage and frequency. The results revealed inflation expectations had a significant negative impact on the spending habits of students. The results further revealed that individual savings attitudes were reduced with an increase in inflation, but overall savings did not.

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Institutions

Bowen University

Categories

Behavioral Finance

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