PropertyValue
?:abstract
  • This study explores the influence of national culture on mortgage and financial well-being levels in the European context. The paper employs regression analysis using mainly Hofstede's cultural dimensions and the EU-SILC dataset from Eurostat to provide a better understanding of the determinants of the decision to hold secured debts and a better explanation of the states of financial well-being. To the best of our knowledge, no study has addressed the influence of culture on mortgage and financial well-being levels in the European setting using samples from different countries and controlling for household characteristics. We conclude that power distance, masculinity, uncertainty avoidance, and long-term orientation are negatively associated with the likelihood of holding a mortgage. The results also show that masculinity, uncertainty avoidance, long-term orientation, and indulgence are negatively associated with the amount of mortgage. Moreover, individualism and long-term orientation (power distance and uncertainty avoidance) are positively (negatively) associated with being in a state of financial well-being. Collectively, our research shows that national cultures play a crucial role in household finance. (xsd:string)
?:author
?:comment
  • (SILC) (xsd:string)
?:dataSource
  • EU-SILC-Bibliography (xsd:string)
?:dateModified
  • 2021 (xsd:gyear)
?:datePublished
  • 2021 (xsd:gyear)
?:doi
  • 10.47743/saeb-2021-0021 ()
?:duplicate
?:fromPage
  • 263 (xsd:string)
is ?:hasPart of
?:inLanguage
  • english (xsd:string)
?:isPartOf
?:issueNumber
  • 3 (xsd:string)
is ?:mainEntity of
?:name
  • Do National Cultures Impact Mortgage and Financial Well-Being Levels? Evidence from Europe (xsd:string)
?:publicationType
  • article (xsd:string)
?:reference
?:sourceInfo
  • Bibsonomy (xsd:string)
  • In Scientific Annals of Economics and Business, 68(3), 263-284, 2021 (xsd:string)
?:studyGroup
  • European Union Statistics on Income and Living Conditions (EU-SILC) (xsd:string)
?:tags
  • 2021 (xsd:string)
  • CCBY (xsd:string)
  • FDZ_GML (xsd:string)
  • OA_SSOAR (xsd:string)
  • OAproved (xsd:string)
  • SCOPUSindexed (xsd:string)
  • SILC (xsd:string)
  • SILC_input2021 (xsd:string)
  • SILC_pro (xsd:string)
  • article (xsd:string)
  • datfeld (xsd:string)
  • english (xsd:string)
  • indexproved (xsd:string)
  • jak (xsd:string)
  • transfer21 (xsd:string)
  • vttrans (xsd:string)
?:toPage
  • 284 (xsd:string)
rdf:type
?:url
?:volumeNumber
  • 68 (xsd:string)