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Women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a … measuring financial knowledge, but when this response option is unavailable, they often choose the correct answer. We estimate a …-third of the financial literacy gender gap can be explained by women’s lower confidence levels. Both financial knowledge and …
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This study examines whether financial literacy affects stock market participation. We use data from the Preference Parameter Study, a nationwide survey in Japan, made by Osaka University. Our results show that financial literacy significantly improves stock market participation even after...
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Household Finances collected in 2021, we show that about 62% of German households answer the Big Three financial literacy …
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Household Finances collected in 2021, we show that about 62% of German households answer the Big Three financial literacy …
Persistent link: https://www.econbiz.de/10014553961