Trusting Financial Institutions: Out of Reach, out of Trust?
| Autor: | Ute Filipiak |
|---|---|
| Rok vydání: | 2013 |
| Předmět: |
Finance
Trust Financial Institutions Access India Economics and Econometrics 050208 finance business.industry Financial institution media_common.quotation_subject 05 social sciences 1. No poverty Geographic proximity jel:R2 Bridge (interpersonal) jel:G21 jel:G11 0502 economics and business Economics Institution jel:D1 Relevance (information retrieval) 050207 economics business media_common |
| Popis: | This paper empirically investigates the relevance of geographic proximity to a financial institution for trusting this institution with money. In doing so, the paper considers the use of different information sources that may bridge physical distances between individuals and financial institutions, investigating to what extent geographic proximity is still needed to trust a financial institution when information sources are used by Indian households. Based on a large-scale survey of savings patterns of Indians, the empirical results suggest that individuals who cannot commute a financial institutions within a distance of one day are less likely to trust this institution with their money. However, geographic proximity to a financial institution is still relevant for trusting financial institutions when controlling for the use of different information sources. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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