Financial Knowledge and Financial Literacy at the Household Level
نویسندگان
چکیده
منابع مشابه
Financial Literacy, Retirement Planning, and Household Wealth
There is ample empirical evidence documenting widespread financial illiteracy and limited pension knowledge. At the same time, the net worth distribution is heavily dispersed and many workers arrive on the verge of retirement with little or no personal wealth. This paper is the first to investigate the relation between financial sophistication and household net worth relying on specific measure...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2012
ISSN: 0002-8282
DOI: 10.1257/aer.102.3.309