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Financial Literacy, Financial Education, and Downstream Financial Behaviors
Management Science, 2014Policy makers have embraced financial education as a necessary antidote to the increasing complexity of consumers' financial decisions over the last generation. We conduct a meta-analysis of the relationship of financial literacy and of financial education to financial behaviors in 168 papers covering 201 prior studies.
Daniel Fernandes +2 more
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Financial Literacy and Financial Education: An Overview
SSRN Electronic JournalAbstract This chapter provides a comprehensive overview of the rapidly expanding empirical literature on financial literacy and financial education. We begin by discussing the stylized facts and demographic correlates of financial literacy, highlighting key trends across different population groups.
Kaiser, Tim, Lusardi, Annamaria
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Financial education and financial satisfaction
International Journal of Bank Marketing, 2017Purpose The purpose of this paper is to investigate roles of financial literacy, financial behavior, and financial capability as mediating factors between financial education and financial satisfaction. Design/methodology/approach Data
Xiao, Jing Jian, Porto, Nilton
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2021
In a global financial environment with an ever-increasing number and complexity of financial products, an uneducated citizen is inevitably at a disadvantage when it comes to making informed financial decisions. Despite the vital importance of financial education and literacy, the reality is that the level of financial knowledge varies substantially ...
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In a global financial environment with an ever-increasing number and complexity of financial products, an uneducated citizen is inevitably at a disadvantage when it comes to making informed financial decisions. Despite the vital importance of financial education and literacy, the reality is that the level of financial knowledge varies substantially ...
openaire +2 more sources
2021
Financial education is a process that must take place throughout the life of consumers, given the intensification of the process of financial and technological innovation materialized in the emergence of new financial products and ways of accessing them.
openaire +1 more source
Financial education is a process that must take place throughout the life of consumers, given the intensification of the process of financial and technological innovation materialized in the emergence of new financial products and ways of accessing them.
openaire +1 more source