{"title":"COVID-19 期间的失业对提前退休提取的影响:中介分析","authors":"Haotian Zheng, Stephen Roll, Mathieu Despard","doi":"10.1111/joca.12598","DOIUrl":null,"url":null,"abstract":"<p>This study explores the impact of COVID-19-related job loss on early retirement withdrawals, highlighting the roles of financial hardships, subjective well-being, financial knowledge, and emergency savings. Drawing from 2929 respondents, the research identified that job loss increases early withdrawals, both directly and through financial hardships and well-being perceptions. Notably, individuals with greater financial knowledge and at least 3 months of emergency savings experience less negative impact from job loss. Our findings emphasize the vital role of employers in offering workplace financial education and promoting emergency savings. This aligns with the SECURE 2.0 Act's strategies and underlines the significance of financial readiness in buffering against the economic fallout of unexpected events like the COVID-19 pandemic.</p>","PeriodicalId":47976,"journal":{"name":"Journal of Consumer Affairs","volume":"58 3","pages":"715-741"},"PeriodicalIF":2.5000,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Job loss during COVID-19 on early retirement withdrawals: A moderated-mediation analysis\",\"authors\":\"Haotian Zheng, Stephen Roll, Mathieu Despard\",\"doi\":\"10.1111/joca.12598\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>This study explores the impact of COVID-19-related job loss on early retirement withdrawals, highlighting the roles of financial hardships, subjective well-being, financial knowledge, and emergency savings. Drawing from 2929 respondents, the research identified that job loss increases early withdrawals, both directly and through financial hardships and well-being perceptions. Notably, individuals with greater financial knowledge and at least 3 months of emergency savings experience less negative impact from job loss. Our findings emphasize the vital role of employers in offering workplace financial education and promoting emergency savings. This aligns with the SECURE 2.0 Act's strategies and underlines the significance of financial readiness in buffering against the economic fallout of unexpected events like the COVID-19 pandemic.</p>\",\"PeriodicalId\":47976,\"journal\":{\"name\":\"Journal of Consumer Affairs\",\"volume\":\"58 3\",\"pages\":\"715-741\"},\"PeriodicalIF\":2.5000,\"publicationDate\":\"2024-09-05\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Consumer Affairs\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/joca.12598\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Consumer Affairs","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/joca.12598","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"BUSINESS","Score":null,"Total":0}
Job loss during COVID-19 on early retirement withdrawals: A moderated-mediation analysis
This study explores the impact of COVID-19-related job loss on early retirement withdrawals, highlighting the roles of financial hardships, subjective well-being, financial knowledge, and emergency savings. Drawing from 2929 respondents, the research identified that job loss increases early withdrawals, both directly and through financial hardships and well-being perceptions. Notably, individuals with greater financial knowledge and at least 3 months of emergency savings experience less negative impact from job loss. Our findings emphasize the vital role of employers in offering workplace financial education and promoting emergency savings. This aligns with the SECURE 2.0 Act's strategies and underlines the significance of financial readiness in buffering against the economic fallout of unexpected events like the COVID-19 pandemic.
期刊介绍:
The ISI impact score of Journal of Consumer Affairs now places it among the leading business journals and one of the top handful of marketing- related publications. The immediacy index score, showing how swiftly the published studies are cited or applied in other publications, places JCA seventh of those same 77 journals. More importantly, in these difficult economic times, JCA is the leading journal whose focus for over four decades has been on the interests of consumers in the marketplace. With the journal"s origins in the consumer movement and consumer protection concerns, the focus for papers in terms of both research questions and implications must involve the consumer"s interest and topics must be addressed from the consumers point of view.