Literacy is a multi-dimensional concept. In this chapter, seven potential dimensions of literacy are considered: (1) Mathematical literacy, (2) Foreign language literacy, (3) Digital literacy, (4) Financial literacy, (5) Political literacy, (6) Environmental literacy, and (7) Health literacy....

Theories of interdependent preferences predicts that the effect of peer earnings on individual well-being is either negative, the relative deprivation, or positive the cognitive effect. The evidence so far has attributed the dominance of each of the above effects on the country's economic and...

We examine new self-employment entry and its viability in Bosnia and Herzegovina, using a rich household survey for the years 2001-2004. We find that wealthier households are more likely to engage in viable self-employment and create employment suggesting an important role for financing...

Countries around the world face a retirement crisis brought on by aging populations, declining birthrates, and fiscal shortfalls. As a result, policy makers increasingly seek to understand retirement savings patterns, a crucial component of the safety net for the elderly. Drawing on the 2014...

This study examines the relationship between financial literacy and political orientation in Great Britain. Using novel data from the British Election Survey in 2014, we employ two distinct measures of political orientation, capturing individual self-assessment on a left-right axis and party...