Finance literature documents associations between a family's financial literacy and its propensity to borrow. However, most studies focus exclusively on formal loan markets. Based on 2,023 observations about financial ...

For a 21st century person, access to quality education, possession of decent housing, access to adequate health services, the possibility of entrepreneurship and investment, quality of life at different stages in the life ...

Purpose: Financial literacy is a crucial element of financial decision-making, exerting significant influence on the behaviour of individual investors, while making budgetary, house financing, stock investing and retirement ...

In this paper, we consolidate two objectives of the financial inclusion literature: producing meaningful measures of financial knowledge and financial attitudes and providing guidance to policymakers in cost-benefit analysis ...

Using a randomized control trial, we evaluated the effect of a financial literacy program on the level of debt and on formal access to credit in Chile. We use a sample of beneficiaries of a publicly run micro-entrepreneurship ...

Financial literacy has been recognized as an essential skill for individuals to act in the complex economic context. However, the evidence indicates that financial literacy is a complex phenomenon that it can be determinant ...

Este estudo buscou desenvolver um indicador para a alfabetização financeira dos indivíduos, denominado Termômetro de Alfabetização Financeira. Para tal, realizou-se uma pesquisa survey com 1.572 rio-grandenses. Utilizou-se ...