Our results show that financial literacy increases investment returns for younger and better educated households while reducing the returns for older, less educated households. Introduction Household portfolio choices have received increasing attention in recent studies (Campbell, 2006). Existing theories ...
increases the availability of entrepreneurial capital, and promotes entrepreneurship among farmers (Qin et al., 2022); financial literacy strengthens the use of social capital, and the role of family and friends as entrepreneurial role models is obvious, which enhances farmers' entrepreneurial motivation...
sustainability. Financial literacy eases the achievement of external funds and better conditions for financing required by initiatives with a relevant environmental and circular economy impact (Harrison & Muething,2021; Instituto de Crédito Oficial,2021), making SMEs more likely to get sustainable funds ...
Understanding the role of financial literacy, entrepreneurial literacy, and digital economic literacy on entrepreneurial creativity and MSMEs success: a knowledge-based view perspective Muhammad Hasan, Miftahul Jannah, Tuti Supatminingsih, Muhammad Ihsan Said Ahmad, Masnawaty Sangkala, Marhawati Na...
The present study examines the impact of family financial socialization theory (FFST) subjective constructs consisting of financial socialization (FS), financial literacy (FL), financial attitude, and financial behavior on peri-urban areas male villagers’ financial well-being (FWB) in an emerging econ...
Finance Relationship of financial literacy to retirement preparedness among female baby-boomer cohorts CAPELLA UNIVERSITY Autumn Keefer WomackBarbara KleinStudies have not examined the impact of components of financial literacy on retirement preparedness nor the relationship between financial literacy and ...
prices suddenly moving wildly. And if you knew that there might be just one big trader behind that, that might calm down the game significantly. But then, also, education about financial literacy, about how to read these data, which is really a public policy issue, because ...
Behavioural interventions that directly influence decision-making are increasingly popular policy tools. Two prominent interventions used are nudges, which promote an optimal choice without restricting options, and boosts, which promote individual capabi
Finally, we present a meta-analytic review of the empirical literature on the association between cognitive ability and financial literacy. 1.1. Cattell-Horn-Carroll (CHC) theories of cognitive abilities At a high level of abstraction, cognitive ability (or intelligence) has been defined as the ...
financial satisfaction was explained by perceived financial agency and was affected by parents’ financial models. They pointed out that interactions with money in early childhood may shape a person’s financial future significantly. Financial literacy and financial wellbeing have been areas of study in...