knowledge. We also show that for a large part of students whose self-assessed financial knowledge has improved we do not find an …

matters and their financial knowledge, especially their ability to properly assess the riskiness of assets. Behaviorally, we …

an overview of theoretical research, which casts financial knowledge as a form of investment in human capital …. Endogenizing financial knowledge has important implications for welfare, as well as policies intended to enhance levels of … financial knowledge in the larger population. Next, we draw on recent surveys to establish how much (or how little) people know …

demonstrate a modest financial knowledge and can be categorized as a literate (bankable) group. The functional financial literacy …

, savings and stock market participation are interconnected decisions. However, to the best of our knowledge, a theoretical …

financial literacy, financial knowledge and risk appetite among higher education students (n=1,743), as well as the factors … does not depend on either the level of their knowledge of finance and economics or on their perception of their own … financial knowledge and competence. Excessive risk aversion may prevent the leveraging of financial opportunities and may act as …