| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15913 |
| DP15913 Fearless Woman: Financial Literacy and Stock Market Participation | |
| Tabea Bucher-Koenen; Rob Alessie; Annamaria Lusardi; Maarten Van Rooij | |
| 发表日期 | 2021-03-13 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a lack of confidence. Our survey experiment shows that women tend to disproportionately respond “do not know” to questions measuring financial knowledge, but when this response option is unavailable, they often choose the correct answer. We estimate a latent class model and predict the probability that respondents truly know the correct answers. We find that about one-third of the financial literacy gender gap can be explained by women’s lower confidence levels. Both financial knowledge and confidence explain stock market participation. |
| 主题 | Financial Economics |
| 关键词 | Financial knowledge Gender gap Financial decision making Confidence Measurement error Latent class model Finite mixture model |
| URL | https://cepr.org/publications/dp15913 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544905 |
| 推荐引用方式 GB/T 7714 | Tabea Bucher-Koenen,Rob Alessie,Annamaria Lusardi,et al. DP15913 Fearless Woman: Financial Literacy and Stock Market Participation. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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