Financial risk-taking, religiosity and denomination heterogeneity

被引：5
|
作者：
Li, Jian [1 ]
机构：
[1] Dongbei Univ Finance & Econ, Inst Adv Econ Res, Dalian, Peoples R China
来源：
JOURNAL OF EMPIRICAL FINANCE | 2022年 / 66卷
关键词：
Risk preference; Religion; Catholicism; Protestantism; ATTITUDES; BELIEFS; NORMS;
D O I：
10.1016/j.jempfin.2021.12.005
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
We document a relationship between religiosity and financial risk-taking using geographical variation in Europe. We find that more religious households engage in less risk-taking, and the effect is more pronounced where Protestantism is more widespread than Catholicism. These results suggest that the content of religious doctrines rather than religiosity per se shape risk taking. We confirm these results using an alternative European survey, evidence from China, and a lab experiment.
引用
收藏
页码：74 / 98
页数：25
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