RT Conference Proceedings
T1 Culture and integration of Eurozone life insurance markets
A1 Rubio-Misas, María
K1 Seguros - Europa - Congresos
AB This paper provides the first evidence on how national culture conditions the integration of Eurozone life insurance markets. It analyzes seven markets over a sixteen-year sample period that includes the financial crisis. We focus on three cultural values, which are individualism, trust and hierarchy. The results indicate that collectivism culture increases cost and revenue performance and integration of Eurozone life insurance markets. Trust contributes to this integration, particularly in financial crisis, and egalitarian culture facilitates it in non-crisis time. Our findings are robust with tests designed to alleviate endogeneity concerns.
YR 2022
FD 2022
LK https://hdl.handle.net/10630/25732
UL https://hdl.handle.net/10630/25732
LA eng
NO Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 20 ene 2026