01864nam a22002057a 4500 20250210104900.0 250210b |||||||| |||| 00| 0 eng d LDD Oishi, Shigehiro et al. Komiya, Asuka The Socioecological Psychology of Financial Debts: The Role of Residential Mobility USA : International Association For Cross-Cultural Psychology, 2024. p. 3-24 Journal Of Cross-Cultural Psychology Vol. 55(1) We examined individual, regional, and cultural differences in household debts and identified residential mobility as a key socioecological variable at multiple levels of analysis. Study 1 found that American households’ debt rates were higher than Japanese debt rates. Across 76 countries, household debts were higher in residentially mobile countries than those in residentially stable ones (Study 2). Next, across 144 U.S. cities, residents of residentially mobile cities had more credit card debts than those of residentially stable cities (Study 3). We further replicated the international and U.S. findings across 366 districts in India (Study 4). Study 5 found that American participants were more residentially mobile and more willing to borrow than Japanese participants, and the willingness to borrow was partly explained by the personal history of residential mobility. Study 6 found that residentially mobile individuals felt less indebtedness/gratitude than residentially stable individuals; the study also found how indebtedness/gratitude impacted individuals’ credit card debts and willingness to borrow. Residential Mobility Borrowing Koo, Minkyung click here to access online https://journals.sagepub.com/doi/full/10.1177/00220221231204221 ddc ARTICLES 194788 194788 2025-02-10 10:49:14 0 2025-02-10 ARTICLES 0 ddc 0 0 0 LDD LDD 2025-02-10