Financial (il-)literacy and its effects have been studied extensively in recent years. The measurement of this concept … is, however, tricky and numerous measurement instruments exist. In this paper, we study the connection between these …

measurement error. Our proposed solution involves deconvolution kernel estimators of the propensity score and the regression …

Financial literacy (or financial knowledge) is typically an input to model the need for financial education and explain … measures used in research over the last decade. An overview of the meaning and measurement of financial literacy is presented …

. The study found that the, overall financial literacy of the academics (68.52%) is at a medium level. The knowledge aspect … desirable financial behavior of the academics is at a low level of 59.96%. An important observation is that, although, knowledge … and attitudes aspects are at a medium level, behavior aspect is at a low level. This suggests that financial knowledge and …

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 …