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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28723 |
来源ID | Working Paper 28723 |
Fearless Woman: Financial Literacy and Stock Market Participation | |
Tabea Bucher-Koenen; Rob J. Alessie; Annamaria Lusardi; Maarten van Rooij | |
发表日期 | 2021-05-03 |
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 | Econometrics ; Data Collection ; Microeconomics ; Households and Firms ; Behavioral Economics ; Financial Economics |
URL | https://www.nber.org/papers/w28723 |
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/586397 |
推荐引用方式 GB/T 7714 | Tabea Bucher-Koenen,Rob J. Alessie,Annamaria Lusardi,et al. Fearless Woman: Financial Literacy and Stock Market Participation. 2021. |
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 | ||
w28723.pdf(577KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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