Culture, money attitudes and economic outcomes
|Title||Culture, money attitudes and economic outcomes|
|Publication Type||Journal Article|
|Year of Publication||2019|
|Authors||Henchoz, C, Coste, T, Wernli, B|
|Journal||Swiss Journal of Economics and Statistics|
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.