This paper analyzes the impacts of financial literacy on the investment and pension planning behavior in Austria and … Switzerland. Based on survey data of 449 individuals from Austria and Switzerland, we first analyze which socio-demographic and … country-specific factors determine financial literacy. In a second step, we explain the investment and pension planning …

domestic investment and savings are highly and positively correlated, was examined for cointegration using an autoregressive … distributed lag bounds testing procedure. The results did not show a positive correlation between savings and investment. There … was essentially no relationship at level between savings and investment in all eight cases. Thirteen out of 16 structural …