Financial Sophistication in the Older Population

By Anna Lusardi, Olivia S. Mitchell, Vilsa E. Curto. 2012

111 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/01804aaa324a6ae822fabd94c67175adefd6c369

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. Jing Jian Xiao
2. Cheng Chen
3. Lei Sun
4. Oscar Stolper
5. A. Walter
6. Noemi Oggero
7. A. Heinberg
8. Angela A. Hung

Citations in the corpus

• Debt and Financial Vulnerability on the Verge of Retirement (2019, methodology): “3 With the 2012 and 2015 NFCS, we explore rich new information on 1 See, for instance, Lusardi and Mitchell (2007, 2008, 2011a, b, c, 2014) and Lusardi, Mitchell, and Curto (2014).”
• Visual tools and narratives: new ways to improve financial literacy* (2014, background): “…to a battery of questions measuring financial literacy, the majority of individuals fare particularly poorly on questions related to risk and risk diversification (see, e.g., Lusardi and Mitchell, 2009, 2011a, b, c, 2014; van Rooij et al., 2011, 2012; Heinberg et al., 2014; Lusardi et al., 2014).”
• Financial literacy, financial advice, and financial behavior (2017, methodology): “…Gathergood 2012), several other authors rely on more advanced techniques such as principal component analysis (e.g. Behrmann et al. 2012; Klapper et al. 2013; Lusardi et al. 2014), iterated principal factor analysis (e.g. van Rooij et al. 2011b), or cluster analysis (e.g. Lusardi and Tufano 2015).”
• Age differences in consumer financial capability (2015, result): “Although some of the literature (Korniotis and Kumar, 2011; Lusardi et al., 2012; Lusardi and Mitchell, 2014) points out that objective financial literacy declines among age groups after 65 years old, our results suggest that consumers who are older than 65 as a whole have a higher level of…”
• The Economic Importance of Financial Literacy: Theory and Evidence (2014, unknown): “Results confirmed sensitivity to question wording, especially for the more sophisticated financial concepts (Lusardi, Mitchell, and Curto 2012).”