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Determinants of financial literacy and behavioral bias among adolescents
Aschenwald, Marco; Holzknecht, Armando; Kirchler, Michael; … - 2023
-making (i.e., financial knowledge, behavioral consistency, economic preferences, field behavior, and perception of financial … knowledge and risk-taking and that there is a strong and beneficial correlation between math grades and healthy financial …
Persistent link: https://www.econbiz.de/10013483340
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023
We present the results of a randomized intervention to study how teaching financial literacy to 16-year old high-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that teaching financial literacy makes subjects behave...
Persistent link: https://www.econbiz.de/10014250651
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Modeling financial risk attitude : the role of education and financial literacy
Iannario, Maria; Monti, Anna Clara; Scalera, Domenico - In: Financial internet quarterly 20 (2024) 2, pp. 1-14
This paper studies the relationship between risk propensity, education and financial literacy. The results of the empirical investigation confirm the importance of the key explanatory variables of education and financial competence. Since they are both included in the model, the different roles...
Persistent link: https://www.econbiz.de/10014636624
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023 - This version: 28 April 2023
We present the results of a randomized intervention to study how teaching financial literacy to 16-year old high-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that teaching financial literacy makes subjects behave...
Persistent link: https://www.econbiz.de/10014252029
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023 - This version: 28 April 2023
We present the results of a randomized intervention to study how teaching financial literacy to 16-year old high-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that teaching financial literacy makes subjects behave...
Persistent link: https://www.econbiz.de/10014283808
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Financial literacy, economic preferences, and adolescents' field behavior
Razen, Michael; Huber, Jürgen; Hueber, Laura; … - 2020
Financial literacy and economic preferences are considered to be important drivers of health, income, and general well-being. In this paper we bridge the gap between studies on financial literacy and research on economic preferences by how they interplay with each other and the field behavior of...
Persistent link: https://www.econbiz.de/10012203420
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Gender differences in financial literacy among teenagers : c confidence bridge the gap?
Blaschke, Justus - In: Cogent economics & finance 10 (2022) 1, pp. 1-23
need for financial education in early stages of life that combines theoretical knowledge with confidence building measures. …
Persistent link: https://www.econbiz.de/10014500367
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Reconnoitering and mapping an effect of financial socialisation on financial literacy : a critical literature review
Ndou, Adam - In: Financial studies 28 (2024) 3, pp. 46-63
to understand independently without the right training and direction. Many consumers lack the knowledge to comprehend … financial socialisation. Parental money management education imparts the fundamental knowledge and abilities required to … body of knowledge as is among the first to investigate the influence of parental financial socialisation on financial …
Persistent link: https://www.econbiz.de/10015374754
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The Fear of Missing Out on cryptocurrency and stock investments : direct and indirect effects of financial literacy and risk tolerance
Gerrans, Paul; Babu Abisekaraj, Sherin; Liu, Zhangxin - In: Journal of financial literacy and wellbeing : FLW 1 (2023) 1, pp. 103-137
The "Fear of Missing Out" or FoMO has become an accepted motivator of behaviours extending from the purchase of limited-edition sneaker brands to social media use and cryptocurrency investment. As a motivator of individual financial behaviours, such as cryptocurrency and stock investment, it is...
Persistent link: https://www.econbiz.de/10014515958
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Financial literacy, experimental preference measures and field behavior : a randomized educational intervention
Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023
We present the results of a randomized intervention to study how teaching financial literacy to 16-year old high-school students affects their behavior in risk and time preference tasks. Compared to two different control treatments, we find that teaching financial literacy makes subjects behave...
Persistent link: https://www.econbiz.de/10014261310