title: The effect of financial anxiety on the insurance behavior of Russians in the context of the 2019-nCoV Pandemic
metadata.name: dc.contributor.author
metadata.value: Medyanik, Olga V.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2021-01-21T11:05:17Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2021-01-21T11:05:17Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2020-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Medyanik O. V. The effect of financial anxiety on the insurance behavior of Russians in the context of the 2019-nCoV Pandemic. Vestnik of Saint Petersburg University. Sociology, 2020, vol. 13, issue 4, pp. 354–373.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu12.2020.401
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/22607
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: In the context of the economic and political uncertainty associated with the 2019-nCoV pandemic,
  it is necessary to determine the socio-psychological factors involved in the transformation
  of the behavior of insurance consumers under the influence of a biogenic threat. This
  study measures financial anxiety and its impact on the insurance behavior of Russian citizens.
  The correlation, comparative, and regression analyses of the financial anxiety of Russian
  citizens cover three stages of observation: before the start of the 2019 nCoV pandemic (“FA
  up to 19 nCoV; N = 766), during the period of quarantine measures announced in Russia in
  March 2020 (“FA 19-nCoV-1”; N = 856), and after the relaxation of quarantine measures at the
  end of April 2020 (“FA 19-nCoV-2”; N = 963). Psychological analysis data were obtained from
  the online survey “Financial anxiety (in the context of insurance)”. The questionnaire is psychometrically
  reliable and easy to use. It includes five measurement scales: MR1 — Physical
  manifestations of financial incentive anxiety, MR2 — With money shortages and financial uncertainty,
  MR3 — The value of insurance coverage, MP4 — Financial Confidence, and MR5 —
  Perception of insurance and investment risks. It was found that Russian citizens consider it
  important to have insurance coverage for a “rainy day”, and they showed confidence in the insurance
  market during the biogenic crisis. However, unfortunately, during the 19-nCoV-1 and
  19-nCoV-2 periods, Russian citizens did not feel financially secure, unlike in the period before
  19-nCoV. Women showed high scores for physical manifestations of financial anxiety and low
  financial confidence in the future, in contrast to men, regardless of the observation period.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: The article was prepared in the course of research within the framework of the initiative grant of
  St. Petersburg State University no. 106-16838.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. Sociology;Volume 13; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: financial anxiety
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: insurance behavior
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: economic security of the person
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: financial confidence after COVID-19
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The effect of financial anxiety on the insurance behavior of Russians in the context of the 2019-nCoV Pandemic
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 354-373.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/22607/1/354-373.pdf
resources.format: Adobe PDF
resources.size: 759,51 kB