Knowledge related metrics as predictors of spatial divergences in the prices of personal consumer loansan international and interregional view.
Editorial: Escuela Superior de Gestión Comercial y Marketing, ESIC
ISBN: 978-84-7356-565-3
Año de publicación: 2008
Páginas: 50
Congreso: Encuentro de Profesores Universitarios de Marketing (20. 2008. Las Palmas de Gran Canaria)
Tipo: Aportación congreso
Resumen
The objective is to explain geographical divergences in Interest Rates on Personal Loans to Households (IRPLH) using aggregated consumer knowledge-related metrics as predictors. We quantitatively test our approach in countries in the Eurozone and in the Italian and Spanish regions. Social Capital and Learning explain between 69% and 84% of variance in household loan market prices at an international and interregional level. But, interestingly, Social Capital is the main predictor at an interregional level and vive versa.