There is increasing interest in applying lessons learned from household finance to the design of regulation, both within and across international borders. However, household financial decisions are complex, interdependent, and heterogeneous, and central to the functioning of the financial...

This study seeks to contribute to the understanding of the underlying factors that can explain the high levels of financial exclusion that persist in Mexico, with focus on the role of financial literacy. Our analysis is based on the 2018 National Survey of Financial Inclusion in Mexico (ENIF)....

This study quantifies financial well-being and its determinants, including financial literacy, in Romania. It addresses the main factors driving the low levels of financial inclusion and the inter-dependence between financial system development and financial education. To uncover what...

A growing literature examines the roles of financial literacy in an individual's income, saving behavior, and the use of financial products including financial technology (fintech). However, no study has examined the effects of the financial literacy of family business owners on fintech use and...

Research in consumer psychology is essential for developing a deep understanding of how consumers make financial decisions as well as for creating solutions to improve this process. Fortunately, there has been substantial growth in research in this area among consumer behavior scholars in recent...

Our study contributes to a better understanding of the relationship between financial literacy and households' investments in risky assets. We estimate a structural equation model with data from the Panel on Household Finances of the German central bank. Our results show that although...

La Encuesta de Competencias Financieras (ECF) es una iniciativa conjunta del Banco de España y la Comisión Nacional del Mercado de Valores (CNMV) cuyo objetivo es medir las competencias financieras de la población adulta en España. Entre 2016 y 2017 se recogió información para una muestra...

Household finance—the normative and positive study of how households use financial markets to achieve their objectives—has gained a lot of attention over the past decade and has become a field with its own identity, style, and agenda. In this chapter we review its evolution and most recent...