The financial literacy gender gap and the role of culture

This paper empirically investigates the role of culture in explaining frequently reported differences financial literacy between women and men. Using nationally representative survey data from India, we find that are significantly less financially literate than gender gap is not observable, however, when only consider matrilineal states. Moreover, more knowledgeable patriarchal women. Blinder-Oaxaca decomposition method, education, English language skills use different information sources, such as newspapers TV, key transmission channels knowledge men states, societies.