Similar Search Results

Is more financial literacy always beneficial? An investigation through a mediator

Chen, Biwei; Giannikos, Christos; Lou, Jun - In: Journal of Risk and Financial Management 16 (2023) 1, pp. 1-10

-assessed financial literacy, the mediator; this mediation effect is significant. Furthermore, increasing actual financial literacy has a …

Persistent link: https://www.econbiz.de/10014332828

Third-Party Loan Guarantees: Measuring Literacy and its Effect on Financial Decisions

Beckmann, Elisabeth; Hainz, Christa; Reiter, Sarah - 2022

Granting a third-party guarantee for a loan does not directly involve a financial transaction. Therefore, guarantors might not understand that they are taking on a liability, albeit contingent. We introduce literacy about guarantees as a novel and distinct aspect of financial literacy. For ten...

Persistent link: https://www.econbiz.de/10013370154

Debt literacy and debt advice-seeking behaviour among Facebook users: The role of social networks

Cwynar, Andrzej; Cwynar, Wiktor; Kowerski, Mieczysław; … - In: Baltic Journal of Economics 20 (2020) 1, pp. 1-33

Professional advice can be perceived as a means to tackleshortcomings in the objectively measuredfinancial literacy ofconsumers. However, most studies suggest that lessfinanciallyliterate individuals are less likely to seek experts'financial advice.At the same time, it has been shown...

Persistent link: https://www.econbiz.de/10013470742

Households' financial fragility during the COVID-19 pandemic in Germany

Cziriak, Marius - 2022

I examine the financial fragility of German households during the second wave of COVID-19 infections in the winter of 2020/21 by analyzing the households' ability to come up with EUR 2,000 within one month. About one in three households reports being unable to cover an unexpected expense of EUR...

Persistent link: https://www.econbiz.de/10013482881

Was sind Schwachstellen und Alternativen finanzieller Bildung?

Oehler, Andreas; Horn, Matthias - In: Vierteljahrshefte zur Wirtschaftsforschung 90 (2021) 1, pp. 107-123

Der Beitrag analysiert sowohl Schwachstellen als auch darauf aufbauend Handlungsempfehlungen und Lösungsvorschläge im Bereich der finanziellen Bildung von privaten Haushalten. Die Analyse der Schwachstellen umfasst eine kritische Sicht auf die Methodik zur Einschätzung finanzieller Bildung,...

Persistent link: https://www.econbiz.de/10014001288

Finanzwissen und Finanzbildung in Deutschland: Was wissen wir eigentlich?

Bucher-Koenen, Tabea; Knebel, Caroline - In: Vierteljahrshefte zur Wirtschaftsforschung 90 (2021) 1, pp. 11-32

Im internationalen Vergleich verfügen die Deutschen über ein relativ hohes Finanzwissen. Allerdings bedeutet dies nicht …, dass Finanzwissen universell verbreitet ist. Der Anteil der Befragten, der drei grundlegende Fragen zu Zins, Inflation und … geringem Einkommen und geringer Bildung deutlich niedriger. Wissenschaftliche Untersuchungen zeigen, dass sich Finanzwissen …

Persistent link: https://www.econbiz.de/10014001309

Are Retirement Planning Tools Substitutes or Complements to Financial Capability?

Goda, Gopi Shah; Levy, Matthew R.; Flaherty Manchester, … - 2022

, effects were larger for those with greater financial knowledge, suggesting this type of tool complements, rather than …

Persistent link: https://www.econbiz.de/10014296502

Digital Financial Literacy and Financial Well-Being

Choung, Youngjoo; Chatterjee, Swarn; Pak, Tae-Young - In: Finance Research Letters (2023) Journal Pre-proof, pp. --

Digital financial literacy is an emerging concept that emphasizes necessary knowledge and skills to carry out financial … well-being, and this association is largely due to financial knowledge and the ability to protect against digital fraud …. Digital financial literacy carried larger marginal effects on financial well-being compared to financial knowledge, and …

Persistent link: https://www.econbiz.de/10014338041

Gender Gaps in Financial Literacy: A Multi-Arm RCT to Break the Response Bias in Surveys

Hospido, Laura; Iriberri, Nagore; Machelett, Margarita - 2023

Gender gaps in financial literacy are pervasive and persistent. They are partly explained because women choose "I do not know" more frequently. We test for the effectiveness of three interventions to shift this behavior. The control survey includes the possibility of "I do not know". The three...

Persistent link: https://www.econbiz.de/10014469739

Are retirement planning tools substitutes or complements to financial capability?

Goda, Gopi Shah; Levy, Matthew; Flaherty Manchester, … - 2022

, effects were larger for those with greater financial knowledge, suggesting this type of tool complements, rather than …

Persistent link: https://www.econbiz.de/10014480372