Financial Literacy Among the Young: Evidence and Implications for Consumer Policy

By Anna Lusardi, Olivia S. Mitchell, Vilsa E. Curto. 2009

309 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/2b61fad078072d61229ace836e93e6673b03cddf

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. Anna Lusardi
2. Olivia S. Mitchell
3. Bilal Zia
4. E. Oseifuah
5. Geng Li
6. Jing Jian Xiao
7. Miriam Bruhn
8. Nils Kok

In Economics and Econometrics

1. Anna Lusardi
2. Olivia S. Mitchell
3. Bilal Zia
4. E. Oseifuah
5. Nils Kok
6. Geng Li
7. John M. Quigley
8. D. Brounen

In Finance

1. Olivia S. Mitchell
2. Anna Lusardi
3. Geng Li
4. Bilal Zia
5. E. Oseifuah
6. John M. Quigley
7. Miriam Bruhn
8. Nils Kok

Citations in the corpus

• Energy literacy, awareness, and conservation behavior of residential households (2013, background): “The fit of the models appears quite low, but the explanatory power is comparable to related work on financial literacy by Lusardi et al. (2012). Explaining the cross section of households' awareness and understanding offinancial matters is far from straightforward.”
• TINGKAT LITERASI KEUANGAN PADA MAHASISWA S-1 FAKULTAS EKONOMI (2015, background): “Lusardi, Mitchell, and Curto (2010) menemukan bahwa pendidikan dari orang tua merupakan prediktor yang besar dari literasi keuangan.”
• Financial Literacy Around the World: An Overview of the Evidence with Practical Suggestions for the Way Forward (2012, unknown): “Lusardi et al. (2009) find low levels of debt literacy in the U.S., which is shown to be correlated with a higher debt burden, incurring greater fees, and borrowing at a greater cost.”
• How Ordinary Consumers Make Complex Economic Decisions: Financial Literacy and Retirement Readiness (2009, background): “There we also found that ̄nancial illiteracy was widespread among young people (Lusardi et al., 2010).”
• The Impact of High School Financial Education: Evidence from a Large-Scale Evaluation in Brazil (2016, background): “The fast rate of financial development around the world has made financial products and services widely available, yet such proliferation has consistently outpaced the capacity of individuals and households to make informed financial choices (Lusardi and Mitchell, 2007; Lusardi et al., 2010).”
• Information Sharing and Stock Market Participation: Evidence from Extended Families (2009, methodology): “We linearly interpolated the SCF statistics when the SCF year did not match the PSID year.(12) As table 2 shows, the PSID stock ownership statistics track their SCF counterparts very well, with all discrepancies smaller than 2 percentage points.”
• Financial literacy and youth entrepreneurship in South Africa (2010, background): “, 2003; Stango and Zinman, 2007), and less likely to plan for retirement (Lusardi and Mitchell, 2006, 2007; Lusardi et al., 2009).”