Self-Control as a Factor of Household Over-Indebtedness in Russia

Student: Andreeva Aleksandra

Faculty: International College of Economics and Finance

Educational Programme: Double degree programme in Economics of the NRU HSE and the University of London (Bachelor)

Year of Graduation: 2019

The relationship between household over-indebtedness and individual self-control is under primary attention. The empirical analysis of the representative sample of Russian households suggests highly significant dependence of financial distress on non-cognitive aspects. Positive effect of self-control on household finance is thus the major finding of the research. Apart from self-control and the formerly defined factors, over-indebtedness is determined by the degree of risk aversion of the person responsible for financial decisions of the household. The conclusions drawn from the analysis also reject the importance of some of the conventional determinants of household over-indebtedness.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses