Culture, money attitudes and economic outcomes

Détails

ID Serval
serval:BIB_738DDC0F9D98
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Titre
Culture, money attitudes and economic outcomes
Périodique
Swiss Journal of Economics and Statistics
Auteur(s)
Henchoz Caroline, Coste Tristan, Wernli Boris
ISSN
2235-6282
Statut éditorial
Publié
Date de publication
12/2019
Peer-reviewed
Oui
Volume
155
Numéro
1
Langue
anglais
Résumé
Using novel survey data, we examine attitudes towards money and to what extent they affect economic outcomes in Switzerland. We find that three main types of attitudes towards money co-exist: the prestige and power attitude, the money management attitude and the goal-oriented attitude. The distribution of these attitudes differs across Switzerland’s linguistic regions; all of them are more significant in the French-speaking part, compared to the German- and Italian-speaking parts of Switzerland.
Attitudes towards money shape financial behaviour, but the relationship varies depending on the type of financial behaviour. Culturally shaped attitudes to money are mostly linked with indebtedness; a finding that could help design better financial literacy programmes.
Open Access
Oui
Création de la notice
15/01/2019 14:43
Dernière modification de la notice
08/05/2019 20:25
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