Showing 1 - 10 of 31
increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …
Persistent link: https://www.econbiz.de/10010959735
This paper presents a World Bank led and Russia trust fund financed work program to measure financial capability and the effectiveness of financial education in low and middle income countries. The two activities and their staging have been motivated by the lessons of high-income countries with...
Persistent link: https://www.econbiz.de/10008466447
Many policy makers and economists argue that financial literacy is key to financial well-being. But why do many individuals remain financially illiterate despite the apparent importance of being financially informed? This paper presents results of a field study linking individual decisions to...
Persistent link: https://www.econbiz.de/10005761687
The tendency to underestimate the future value of a variable growing at a constant rate, an example of exponential growth bias, has been linked to household financial decision making. We show that exponential growth bias and standard measures of financial literacy are negatively correlated in a...
Persistent link: https://www.econbiz.de/10009151027
international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth … this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about …
Persistent link: https://www.econbiz.de/10010884281
particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … consider the relationship between income/wealth and life satisfaction, another variable captured in TILDA. We find that income …
Persistent link: https://www.econbiz.de/10010960113
SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U ….S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times … that of foreign-born singles. Further, there is a great deal of diversity in wealth within the immigrant population …
Persistent link: https://www.econbiz.de/10005233806
This paper investigates how ethnic minorities in rural China are faring compared with the ethnic majority. The village is the unit of analysis and large surveys for 2002 are used. Minority villages in northeast China are found to have a somewhat better economic situation than the average...
Persistent link: https://www.econbiz.de/10005233816
a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well … the country ranking depending on the measure. While in Germany wealth predominantly contributes to the intensity of …
Persistent link: https://www.econbiz.de/10009283567
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …
Persistent link: https://www.econbiz.de/10010550528