Hou, Xiaohui; Yang, Rui; Liu, Chun - In: Borsa Istanbul Review 22 (2022) 5, pp. 1005-1019
A growing body of literature is investigating the social and cultural determinants of household financing activity. This paper examines the impact of traditional culture, specifically Confucian culture in China, on informal household financing at the county level. We find that Confucian culture...