| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15469 |
| 来源ID | Working Paper 15469 |
| Financial Literacy and Financial Sophistication Among Older Americans | |
| Annamaria Lusardi; Olivia S. Mitchell; Vilsa Curto | |
| 发表日期 | 2009-11-05 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | This paper analyzes new data on financial literacy and financial sophistication from the 2008 Health and Retirement Study. We show that financial literacy is lacking among older individuals and for the first time explore additional questions on financial sophistication which proves even scarcer. For this sample of older respondents over the age of 55, we find that people lack even a rudimentary understanding of stock and bond prices, risk diversification, portfolio choice, and investment fees. In view of the fact that individuals are increasingly required to take on responsibility for their own retirement security, this lack of knowledge has serious implications. |
| 主题 | Microeconomics ; Households and Firms |
| URL | https://www.nber.org/papers/w15469 |
| 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/573145 |
| 推荐引用方式 GB/T 7714 | Annamaria Lusardi,Olivia S. Mitchell,Vilsa Curto. Financial Literacy and Financial Sophistication Among Older Americans. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w15469.pdf（85KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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