relationship between individual responses to debt literacy questions and household net worth, consumer credit use and over … savings and revolving consumer credit, suggesting that the co-holding might arise as a result of rational financial behaviour …

liquid savings in household balance sheets, which we name the ‘co-holding puzzle'. Approximately 12% of households in our … the household. Our results provide empirical support to theoretical models in which households co-hold as a means of …

Cognitive Reflection Test. Our analysis of a rich sample of household data also provides evidence that a higher level of …

. This paper uses household-level data from the 'experiment' of German reunification that (exogenously) offered to East …-unification participation of former East and West Germans in financial products, controlling for relevant household characteristics. We vary … available in the East (savings accounts and life insurance); and (ii) cohorts with different exposure to capitalism. We find …

behavior; and the benefits of financial education appear to span a number of areas including retirement planning, savings …

debt among a sample of U.K. consumers using data from a household survey. Both lack of self-control and financial …

the puzzling co-existence of high cost revolving consumer credit alongside low yield liquid savings in household balance …We use UK household survey data incorporating measures of financial literacy and behavioural characteristics to analyse … revolving consumer credit alongside £8,000 of liquid savings. Co-holders are typically more financially literate, with above …

liquid savings in household balance sheets, which we name the ‘co-holding puzzle’. Approximately 12% of households in our … the household. Our results provide empirical support to theoretical models in which households co-hold as a means of …

This study examines the impact of a joint financial literacy and women’s empowerment training programme on household … financial literacy on household consumption is influenced by the design and delivery of the programme. A weaker impact is … training on household consumption is achieved through the inclusion of a women’s empowerment module. The joint delivery of the …