The Effects of Perceived and Actual Financial Literacy on Financial Behaviors

By Sam Allgood, W. Walstad. 2016

552 citations recorded by the source corpus.

Subfields: Accounting, Demography, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/37a485a5cd2007202f69b9a6ca65d13ab75805c2

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In Accounting

1. N. Effendi
2. Oscar Stolper
3. A. Walter
4. Jianmu Ye
5. K. Kulathunga

In Demography

1. N. Effendi
2. Oscar Stolper
3. A. Walter
4. Jianmu Ye
5. K. Kulathunga

In Economics and Econometrics

1. N. Effendi
2. Oscar Stolper
3. A. Walter
4. Jianmu Ye
5. K. Kulathunga

Citations in the corpus

• Gender differences in financial risk taking: The role of financial literacy and risk tolerance☆ (2016, unknown): “In order to unveil the subtle effects that actual and perceived literacy may have, we use a composite, two-part measure of financial knowledge following Allgood and Walstad (2016).”
• The Effects of Financial Literacy on Sustainable Entrepreneurship (2021, background): “It should therefore not be surprising that financial literacy is becoming one of the most relevant factors in the firm’s decision-making process [68]: financially educated entrepreneurs are able to implement financial and economic best practices, which is an incentive to more sustainable growth.”
• Digital financial literacy, current behavior of saving and spending and its future foresight (2020, result): “With respect to the relation between financial literacy and spending behavior, previous research by Perry (2011), Allgood and Walstad (2016), Fraczec and Klimontowicz (2015), Varcoe et al. (2005), Henager and Cude (2016), Wangmo (2015) and Zulaihati, Susanti, and Widyastuti (2020) found that financi”
• Financial literacy, financial advice, and financial behavior (2017, background): “In a recent study, Allgood and Walstad (2016) use a combined measure of test-based and self-assessed financial literacy and find that both financial literacy measures appear to independently correlate with financial behavior, leading them to conclude that self-assessed financial literacy may be as…”
• Financial literacy: A systematic review and bibliometric analysis (2020, unknown): “Even more bother-some is that the levels of perceived financial literacy are much higher than the levels of actual financial literacy (Allgood & Walstad, 2016).”
• How Does Financial Literacy Promote Sustainability in SMEs? A Developing Country Perspective (2019, background): “Accordingly, financial literacy has become one of the most important driving forces in organizational decision-making [39] and strategic, long-term financial planning [36].”
• How Am I Doing? Perceived Financial Well-Being, Its Potential Antecedents, and Its Relation to Overall Well-Being (2018, unknown): “Current measures confound financial well-being with financial behavior (Allgood and Walstad 2016) and assume its presence from financial knowledge, financial product ownership, or participation in company financial plans (Bayer, Bernheim, and Scholz 2009; Gerardi, Goette, and Meier 2010; Hung,…”
• Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa (2020, unknown): “In response, we contribute to the literature on financial literacy and inclusion by using a two-part measure inspired by Allgood and Walstad (2016) to capture the combined effects of test-based and perceived financial literacy on financial behavior.”