In this paper we identify stock market crises in Tunisia since 1992 using the CMAX method. Our empirical evidence shows that the monetary and financial indicators are considered as explanatory factors signalling the occurrence of these crises. The analysis also highlights some mechanisms that...

Purpose: The purpose of this paper is to review the main methods used in the literature to measure financial literacy (FL) of individuals. Design/methodology/approach: The paper begins by describing how the different items used to measure the FL level of individuals are constructed. Then, it...