Financial Literacy and the Demand for Financial Advice

By Riccardo Calcagno, C. Monticone. 2015

368 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/08cc389952787f87628c3bba413ccf92d88d80b1

How researchers see this paper

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

In Accounting

1. Oscar Stolper
2. A. Walter
3. Mustabsar Awais
4. Aisha Khursheed
5. M. Laber
6. N. Rasheed
7. C. Murendo
8. M. Kramer

In Economics and Econometrics

1. Oscar Stolper
2. A. Walter
3. Mustabsar Awais
4. Aisha Khursheed
5. M. Laber
6. N. Rasheed
7. C. Murendo
8. M. Kramer

In Finance

1. Oscar Stolper
2. A. Walter
3. C. Murendo
4. M. Kramer
5. K. Mutsonziwa

Citations in the corpus

• Financial literacy and savings decisions by adult financial consumers in Zimbabwe (2017, methodology): “Calcagno and Monticone (2015) used the 2007 Unicredit Customers Survey data to investigate the effect of financial literacy on the demand for financial advice vs. delegation in Italy.”
• Financial literacy, financial advice, and financial behavior (2017, background): “, Calvet et al. 2007; Goetzmann and Kumar 2008; Guiso and Jappelli 2008; von Gaudecker 2015; Clark et al. 2015). 5.2.4 Investment performance The literature also documents a positive link between financial literacy and sound investment decisions. Calvet et al. (2007, 2009) show for investors in Swed”
• Financial Literacy, Confidence and Financial Advice Seeking (2016, methodology): “Our results are partly in line with Calcagno and Monticone (2015) who find that the propensity to delegate investment decisions reduces with approximately 20 percentage points when moving from the highest to the lowest degree of self-assessed literacy.”
• Financial Literacy and Participation in the Derivatives Markets (2018, neutral): “3 Examples include Cole et al. (2011), Jappelli and Padula (2013), Calcagno and Monticone (2015), Jappelli and Padula (2015) and Finke et al. (2016) . https://doi.org/10.1016/j.jbankfin.2017.11.006 0378-4266/© 2017 Elsevier B.V.”
• Impact of Financial Literacy and Investment Experience on Risk Tolerance and Investment Decisions: Empirical Evidence from Pakistan (2016, background): “Calcagno and Monticone (2015) argued that financial literacy is a necessary element of financial Decision making, and many low age people having desire of getting financial qualification.”