Nonparametric methods in the study of confidence in financial institutions Cover Image

Metody nieparametryczne w badaniu zaufania do insty-tucji finansowych
Nonparametric methods in the study of confidence in financial institutions

Author(s): Joanna Trzęsiok
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: nonparametric tests; Kruskal-Wallis test; Friedman test; Polish Social Diagnosis

Summary/Abstract: The paper presents the analysis of Polish people’s confidence in financial institutions, e.g. commercial banks, the stock market, open pension funds and insurance companies. The main goal of the paper is to identify which sociodemographic covariates have an impact on the level of this confidence. Moreover we examine whether there are sig-nificant changes in confidence observed in recent years. The research includes data from the Polish Social Diagnosis. Hypotheses are verified using Kruskal-Wallis and Friedman tests, which are nonparametric equivalents to one-way analysis of variance. The results show that age, education, class of the inhabited town and socioprofessional status of Poles are the covariates with a significant impact on the level of confidence in financial institutions. The changes in confidence observed in the years 2009, 2011 and 2013 are also confirmed to be significant.

  • Issue Year: 2016
  • Issue No: 426
  • Page Range: 226-234
  • Page Count: 9
  • Language: Polish
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