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dc.contributor.authorNieminen, Mika
dc.contributor.authorHeimonen, Kari
dc.contributor.authorMangeloja, Esa
dc.date.accessioned2015-08-27T04:21:11Z
dc.date.available2016-06-02T21:45:09Z
dc.date.issued2015
dc.identifier.citationNieminen, M., Heimonen, K., & Mangeloja, E. (2015). Culture and current account balances. <em>Applied economics letters</em>, 22 (11), 886-890. <a href="http://dx.doi.org/10.1080/13504851.2014.985365">doi:10.1080/13504851.2014.985365</a>
dc.identifier.otherTUTKAID_64170
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/46710
dc.description.abstractThis paper contributes to the literature of current account balances by introducing cultural variables that until now have been omitted. The World Values Survey indicates that the Roman Catholics do not consider thrift as important as others. We propose that Catholic countries tend to run current account deficits. This result remains robust even if we control for close to all of the determinants that have been included in previous studies. We find evidence that the inclination of Catholic countries to have high levels of uncertainty avoidance goes to a great length in explaining the result.
dc.language.isoeng
dc.publisherRoutledge
dc.relation.ispartofseriesApplied economics letters
dc.subject.otherculture
dc.subject.othercurrent account
dc.subject.otherreligion
dc.titleCulture and current account balances
dc.typearticle
dc.identifier.urnURN:NBN:fi:jyu-201508262758
dc.contributor.laitosKauppakorkeakoulufi
dc.contributor.laitosSchool of Business and Economicsen
dc.contributor.oppiaineBasic or discovery scholarship
dc.contributor.oppiaineTaloustiede
dc.type.urihttp://purl.org/eprint/type/JournalArticle
dc.date.updated2015-08-26T12:15:04Z
dc.type.coarjournal article
dc.description.reviewstatuspeerReviewed
dc.format.pagerange886-890
dc.relation.issn1350-4851
dc.relation.numberinseries11
dc.relation.volume22
dc.type.versionacceptedVersion
dc.rights.copyright© 2014 Taylor & Francis. This is a final draft version of an article whose final and definitive form has been published by Taylor & Francis. Published in this repository with the kind permission of the publisher.
dc.rights.accesslevelopenAccessfi
dc.relation.doi10.1080/13504851.2014.985365


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