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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10039 |
DP10039 Incompatible European Partners? Cultural Predispositions and Household Financial Behavior | |
Michael Haliassos; Yigitcan Karabulut; Thomas Jansson | |
发表日期 | 2014-06-22 |
出版年 | 2014 |
语种 | 英语 |
摘要 | The Eurozone fiscal crisis has created pressure for institutional harmonization, but skeptics argue that cultural predispositions can prevent convergence in behavior. Our paper derives a robust cultural classification of European countries and utilizes unique data on natives and immigrants. Classification based on genetic distance or on Hofstede?s cultural dimensions fails to identify a single ?southern? culture but points to a ?northern? culture. Our findings support the relevance of cultural predispositions for financial behavior; and convergence of behavior over time in the face of common institutions, even for countries with great cultural distance from the country that created those institutions. |
主题 | Financial Economics |
关键词 | Culture Household portfolios Household finance Institutions |
URL | https://cepr.org/publications/dp10039 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538871 |
推荐引用方式 GB/T 7714 | Michael Haliassos,Yigitcan Karabulut,Thomas Jansson. DP10039 Incompatible European Partners? Cultural Predispositions and Household Financial Behavior. 2014. |
条目包含的文件 | 条目无相关文件。 |
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