Special Research Topic
Regional Analyses

Project: Financial skills in a spatial context

Project Duration

04/2019 - 12/2019 (current)

Commissioned by

Dr. Josef und Brigitte Pauli-Stiftung

Project Team (RWI)

Dr. Uwe Neumann (Chief), Dr. Sandra Schaffner (Chief), Dr. Lea Eilers


Literature on financial skills shows, that individuals are more likely to make poor decisions on saving and borrowing if basic knowledge in financial matters is low. This research project aims to determine specific characteristics in the population and residential environment which are closely related to regional credit default risk. In the Ruhr area, excessive debt might be an obstacle in overcoming the proceeding structural change. Hence, we investigate, whether and to which extent spatial variation in credit default risk differs between the Ruhr area and the comparative region and how this has changed since 2005.