Using a representative sample of an entire country's population and a measure of insurance literacy developed and validated by an insurance supervisor, this study tests the impact of insurance literacy on the holding of insurance products. We show that insurance literacy influences insurance...

Using a representative sample of an entire country's population and a measure of insurance knowledge developed and validated by an insurance supervisor, this study tests the determinants of individuals’ insurance knowledge and the impact of this knowledge on the holding of insurance products...

Based on a large and representative sample of Italian adults, our study aims to detect the determinants of retail investor preferences for socially responsible (SR) financial intermediaries, i.e., intermediaries adopting environmental, social and governance strategies and offering both...

Purpose This study aims to analyze bank lending behavior before and during the most recent financial crisis. Banks are more willing to grant loans during economic expansion. However, this behavior can result in reduced portfolio asset quality. The analysis tries to facilitate understanding of...