Debt literacy, financial experiences, and overindebtedness*

By Anna Lusardi, Peter Tufano. Journal of Pension Economics and Finance, 2015

1,663 citations recorded by the source corpus.

Subfields: Accounting, Demography, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/355ade747272261d5eb2bcf738d26adc79ef2f4b

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Citations in the corpus

Financial Literacy, Financial Education, and Downstream Financial Behaviors (2014, background): “Fo r pe rs on al u se o nl y, a ll ri gh ts r es er ve d. savings/investment behaviors summed to form an overall score ranging from 0 to 4 (Lusardi and Tufano 2009); (4) a rating of how do you think banks or credit card companies would rate your credit?”
The Impact of High School Financial Education: Evidence from a Large-Scale Evaluation in Brazil (2016, background): “Strikingly, Lusardi et al. (2009b) find that less than a third of American teenagers (ages 12-17) possess basic knowledge of interest rates, inflation, and risk diversification.”
Financial Literacy and Retirement Planning in Switzerland (2013, background): “First, following up on the studies by Gathergood (2012) and McCarthy (2011) we control for behavioral traits (risk aversion, time preferences) that may be correlated with financial literacy and that may also affect the financial behavior of households and thus their retirement planning.”
The Distribution of Debt Across Euro Area Countries: The Role of Individual Characteristics, Institutions and Credit Conditions (2013, neutral): “o 1320 [30] Lusardi, A.”
Financial literacy among youth (2018, background): “…(Chen and Volpe, 2002; Lusardi and Mitchell, 2011; Herd et al., 2012; Jariwala, 2013; Yu et al., 2015; Bucher-Koenen et al., 2016), gave more “do not know” response to financial literacy questions (Bucher-Koenen et al., 2016), and possessed low debt literacy (Lusardi and Tufano, 2009, 2015).”
Impact of Financial Literacy and Investment Experience on Risk Tolerance and Investment Decisions: Empirical Evidence from Pakistan (2016, background): “, 2007; Kimball and Shumway, 2006; Yoong, 2007), and will borrow at high interest rate (Lusardi and Tufano, 2009).”
Lending terms, financial literacy and formal credit accessibility (2014, background): “Moreover, Lusardi and Tufano (2008) and Stango and Zinman (2009) also state that households with low levels of financial literacy tend to borrow at higher interest rates and participate less in the formal financial system relative to their more financially-literate counterparts.”
Financial literacy, financial advice, and financial behavior (2017, methodology): “In addition, some studies show that a lack of financial literacy is associated with excessive debt accumulation (e.g., Stango and Zinman 2009; Lusardi and Tufano 2015).”
The Influence of Financial Attitude, Financial Socialization, and Financial Experience to Financial Management Behavior with Financial Literacy as the Mediation Variable (2018, background): “(4) Financial experience variable proxied from Lusardi and Tufano (2009) consists of experience with traditional borrowing, excluding credit cards, experience with alternative financial services borrowing, experience with saving/investing and payments.”
The Effects of Financial Literacy on Sustainable Entrepreneurship (2021, background): “Finally, financial literacy was also related to indebtedness and the type of investments that firms tend to prefer [58].”
Financial Literacy and the Demand for Financial Advice (2015, neutral): “For instance, more financially illiterate households are more prone to lack of planning for retirement, portfolio under-diversification, and over-indebtedness (Guiso and Jappelli, 2008; Kimball and Shumway, 2007; Lusardi and Mitchell, 2006, 2007; Lusardi and Tufano, 2009).”
Overconfidence and investment: An experimental approach (2017, background): “Moreover, Malmendier et al. (2011) find that overconfident CEOs use less external capital and, in particular, issue less equity than their peers.”
Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa (2020, neutral): “…investment, and retirement planning behaviors (Jappelli & Padula, 2013; Lusardi, Michaud, & Mitchell, 2017; Lusardi & Mitchell, 2014; Stolper & Walter, 2017; Van Rooij, Lusardi, & Alessie, 2011; von Gaudecker, 2015) or borrowing behaviors (Disney & Gathergood, 2013; Lusardi & Tufano, 2015).”