A comparative analysis of financial literacy levels and initiatives among students in five European countries

Given the expected advantages for individuals and societies, financial literacy is high on policy agenda in many countries. This paper reports results from a unique survey conducted sample of 13–16-year-old students five European countries, aimed at measuring comparing their level skills. The indicate significant differences across countries that are interpreted light countries’ educational policies experiences with education. findings suggest supra-national coordinated action needed to guarantee better knowledge safeguard economic stability future crises. JEL-classification: I21; G53; O57; O16.