Su, Zhi-fang; Hsiao, Yujen; Chen, Mei-Yuan - In: Journal of Economics and Management 11 (2015) 1, pp. 1-22
In this paper, the effect of the higher-education ratio on the distribution of financial literacy in Taiwan is investigated with the unconditional quantile estimation suggested by Firpo et al. (2009). Our empirical data are obtained from three surveys conducted in 2007, 2009, and 2011 by the...