van Rooij, Maarten; Lusardi, Annamaria; Alessie, Rob J. M. - 2011
same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … many determinants of wealth. Moreover, we discuss two channels through which financial literacy might facilitate wealth … savings plan has been shown to boost wealth. Overall, financial literacy, both directly and indirectly, is found to have a …