Showing 1 - 10 of 57
Women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a … measuring financial knowledge, but when this response option is unavailable, they often choose the correct answer. We estimate a …-third of the financial literacy gender gap can be explained by women’s lower confidence levels. Both financial knowledge and …
Persistent link: https://www.econbiz.de/10012431925
Women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a … measuring financial knowledge, but when this response option is unavailable, they often choose the correct answer. We estimate a …-third of the financial literacy gender gap can be explained by women’s lower confidence levels. Both financial knowledge and …
Persistent link: https://www.econbiz.de/10013239580
Women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a … measuring financial knowledge, but when this response option is unavailable, they often choose the correct answer. We estimate a …-third of the financial literacy gender gap can be explained by women’s lower confidence levels. Both financial knowledge and …
Persistent link: https://www.econbiz.de/10013240240
The German population has good financial knowledge measured on the basis of three financial literacy questions. Around …-age acquire financial knowledge to improve their investment decisions. Interestingly, the possession of a state subsidised Riester … knowledge to save for old-age. Nevertheless, individuals in the lowest income quintile still have very low levels of private …
Persistent link: https://www.econbiz.de/10013149191
We examine the financial resilience of Austrian households, relating it to their experience of financial shocks earlier in life and to their financial literacy. We find that previous negative (positive) financial shocks are negatively (positively) related to financial resilience. Financial...
Persistent link: https://www.econbiz.de/10014473206
We examine financial literacy in Germany and its relevance for financial well-being. Using data from the Panel on Household Finances collected in 2021, we show that about 62% of German households answer the Big Three financial literacy questions correctly. Those with lower education, who are out...
Persistent link: https://www.econbiz.de/10014504767
Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of their current pension claims across all pillars of the...
Persistent link: https://www.econbiz.de/10014088342
Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of their current pension claims across all pillars of the...
Persistent link: https://www.econbiz.de/10013415491
Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of their current pension claims across all pillars of the...
Persistent link: https://www.econbiz.de/10014236537
Financial literacy affects wealth accumulation, and pension planning plays a key role in this relationship. In a large field experiment, we employ a digital pension aggregation tool to confront a treatment group with a simplified overview of their current pension claims across all pillars of the...
Persistent link: https://www.econbiz.de/10013399826