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This paper uses data from the 2015 China Household Financial Survey to analyse the gender gap in financial literacy in China. The sample consists of 36,311 adult respondents. A variety of financial literacy measures are employed. We show that important predictors of financial literacy include...
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Using the 2015 and 2017 waves of the China Household Finance Survey (CHFS), we measured financial literacy and study its relationship to households' demand for digital finance. We found that a majority of households in the People's Republic of China possess limited financial literacy. The low...
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Government leaders around the world are designing national strategies to improve financial inclusion for populations traditionally excluded from the financial markets. Financial literacy is a key tool being used to bring economically vulnerable populations into the financial mainstream. Data...
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Though ample empirical evidence demonstrates the relationship between objective financial literacy and retirement planning, we have a limited understanding of the role of individuals' subjective financial literacy in their retirement planning. In this study, we examine how individuals' financial...
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Chinese Household Finance: Research Background and Conceptual Delineation -- Health status, risk attitude and Household financial investment behavior -- Housing type, financial literacy and household financial investment behavior -- The effect of mental accounting and housing wealth on household...
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Are foreign investors in emerging markets more financial statement literate than domestic investors? If so, this conjecture implies that foreign (domestic) investors are more likely to revise their return expectations to cash flow (discount rate) news. It also implies that cash flow news and...
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