Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/259732 
Year of Publication: 
2019
Citation: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 155 [Issue:] 2 [Publisher:] Springer [Place:] Heidelberg [Year:] 2019 [Pages:] 1-13
Publisher: 
Springer, Heidelberg
Abstract: 
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.
Subjects: 
Social values
Culture
Personal finance
Money
Education
Savings
Indebtedness
JEL: 
A13
A14
D14
D83
I29
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size
824.06 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.