全球智库信息集成服务系统(G2TT): Financial Literacy among the Young: Evidence and Implications for Consumer Policy

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w15352
来源ID	Working Paper 15352
	Financial Literacy among the Young: Evidence and Implications for Consumer Policy
	Annamaria Lusardi; Olivia S. Mitchell; Vilsa Curto
发表日期	2009-09-17
出版年	2009
语种	英语
摘要	We examined financial literacy among the young using data from the 1997 National Longitudinal Survey of Youth. We showed that financial literacy is low among the young; fewer than one-third of young adults possess basic knowledge of interest rates, inflation, and risk diversification. Financial literacy is strongly related to sociodemographic characteristics and family financial sophistication. Specifically, a college-educated male whose parents had stocks and retirement savings is about 50 percentage points more likely to know about risk diversification than a female with less than a high school education whose parents were not wealthy. These findings have implications for consumer policy.
主题	Microeconomics ; Behavioral Economics
URL	https://www.nber.org/papers/w15352
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/573027
推荐引用方式 GB/T 7714	Annamaria Lusardi,Olivia S. Mitchell,Vilsa Curto. Financial Literacy among the Young: Evidence and Implications for Consumer Policy. 2009.