Kim, Kyoung Tae; Lee, Sunwoo T.; Hanna, Sherman D. - 2022
This study explores financial knowledge patterns from 2009 to 2018, focusing on objective and subjective knowledge …, overconfidence in financial knowledge, and “Don’t know” responses. We used four waves of National Financial Capability Study (NFCS …) datasets. Objective financial knowledge was lower in 2018 than in 2009, and the proportion of individuals who were …