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Financial Education Affects Financial Knowledge and Downstream Behaviors

Kaiser, Tim - 2020

have, on average, positive causal treatment effects on financial knowledge and downstream financial behaviors. Treatment …

Persistent link: https://www.econbiz.de/10012482014

Financial Literacy and Financial Sophistication Among Older Americans

Lusardi, Annamaria - 2009

own retirement security, this lack of knowledge has serious implications …

Persistent link: https://www.econbiz.de/10012463180

Financial Literacy among the Young : Evidence and Implications for Consumer Policy

Lusardi, Annamaria - 2009

showed that financial literacy is low among the young; fewer than one-third of young adults possess basic knowledge of …

Persistent link: https://www.econbiz.de/10012463298

How Ordinary Consumers Make Complex Economic Decisions : Financial Literacy and Retirement Readiness

Lusardi, Annamaria - 2009

knowledge acquired in school - before entering the labor market and certainly before starting to plan for retirement. Results … show that those with more advanced financial knowledge are those more likely to be retirement-ready …

Persistent link: https://www.econbiz.de/10012463300

Financial Literacy : An Essential Tool for Informed Consumer Choice?

Lusardi, Annamaria - 2008

Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is evidence that many individuals are not well-equipped to make sound saving decisions. This paper demonstrates widespread financial illiteracy...

Persistent link: https://www.econbiz.de/10012464561

Planning and Financial Literacy : How Do Women Fare?

Lusardi, Annamaria - 2008

Many older US households have done little or no planning for retirement, and there is a substantial population that seems to undersave for retirement. Of particular concern is the relative position of older women, who are more vulnerable to old-age poverty due to their longer longevity. This...

Persistent link: https://www.econbiz.de/10012464898

Financial Literacy and Stock Market Participation

van Rooij, Maarten - 2007

whether individuals have the financial knowledge and skills to navigate this new financial environment. To better understand … Survey. We have designed questions to measure numeracy and basic knowledge related to the working of inflation and interest … rates, as well as questions to measure more advanced financial knowledge related to financial market instruments (stocks …

Persistent link: https://www.econbiz.de/10012465082

The Outlook for Financial Literacy

Lusardi, Annamaria - 2011

As the world becomes more financially integrated and complex, average individuals and their families are increasingly faced with making highly sophisticated and all-too-often irreversible financial decisions. Nowhere is this more evident than with regard to retirement decision-making. Indeed,...

Persistent link: https://www.econbiz.de/10012461581