Details
Religion and long-term investment
A comprehensive approach of the relationship between religion and present-bias and the influence on saving/borrowing behaviour in Germany and Turkey1. Auflage
CHF 37.00 |
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Verlag: | Grin Verlag |
Format: | EPUB, PDF |
Veröffentl.: | 10.10.2014 |
ISBN/EAN: | 9783656766131 |
Sprache: | englisch |
Anzahl Seiten: | 112 |
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Beschreibungen
Master's Thesis from the year 2014 in the subject Business economics - Investment and Finance, grade: 1,0, Maastricht University, course: Human Decision Science - behavioral finance, language: English, abstract: By running a survey about the religiousness of students in Germany and Turkey, the impact on the present-bias parameter is analysed. Highly religious people suffer less present-bias problems than non-highly religious people do. For the independent variables age, gender, denomination, faculty department, and education, no significance was found. Increasing the consciousness of religion in participants’ mind showed a positive impact on present-bias, at least for Turkey. Using this parameter, which is achieved by surveys, saving/borrowing behaviour of a specific target group can be detected and directly addressed in order to stimulate national savings.
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