The Outlook for Financial Literacy

By Anna Lusardi, Olivia S. Mitchell. 2011

123 citations recorded by the source corpus.

Subfields: Accounting, Demography, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/44e28998cee5fe742f577b4292662fccb36124a8

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Citations in the corpus

The moderating influence of financial literacy on the relationship between access to finance and firm growth in Ghana (2016, background): “…the relationship between financial literacy and financial decision-making (Banks, O’Dea, and Oldfield 2010; Christelis, Jappelli, and Padula 2010; Hilgert, Hogarth, and Beverly 2003; Lusardi and Mitchell 2011; Smith, McArdle, and Willis 2010; Van Rooij, Lusardi, and Alessie 2011; Yoong 2011).”
Cognitive Constraints on Valuing Annuities (2017, background): “Earlier work by Lusardi and Mitchell (2007, 2011) also showed that more financially literate individuals were more likely to engage in retirement planning and to accumulate retirement wealth.”
Debt and Financial Vulnerability on the Verge of Retirement (2019, background): “3 Our prior work examined saving and asset building among those age 50+ (Lusardi and Mitchell, 2007, 2011a).”
On a Need-to-Know Basis: How the Distribution of Responsibility Between Couples Shapes Financial Literacy and Financial Outcomes (2019, background): “…including dayto-day financial management skills (Hilgert, Hogarth, and Beverly 2003), retirement planning and accumulated wealth at retirement (Lusardi and Mitchell 2007, 2011), levels of debt and debt-related anxiety (Lusardi and Tufano 2009; Lusardi, Mitchell, and Curto 2010), and other…”
Financial literacy, financial advice, and financial behavior (2017, background): “A related strand of literature has also documented a positive relation between financial literacy and savings behavior (e.g., Lusardi and Mitchell 2011c; Chan and Stevens 2008; Behrman et al. 2012), i.e. providing additional evidence that financially literate individuals exhibit a greater tendency…”
Debt literacy, financial experiences, and overindebtedness* (2015, background): “For example, the less financially literate are found to be less likely to plan for retirement (Lusardi and Mitchell, 2007, 2008, 2011a, c), to accumulate wealth (Stango and Zinman, 2009), and to participate in the stock market (Christelis et al., 2010; van Rooij et al., 2011; Yoong, 2011).”
Financial literacy and the need for financial education: evidence and implications (2019, background): “Those interested in learning more about the differences in financial literacy across demographics and other characteristics can consult Lusardi and Mitchell (2011c, 2014).”
EMPLOYEE FINANCIAL LITERACY AND RETIREMENT PLAN BEHAVIOR: A CASE STUDY (2015, unknown): “See also the discussion in Lusardi and Mitchell (2011c).”
Numeracy, financial literacy, and financial decision-making (2012, unknown): “They were also included in the RAND American Life Panel (ALP), covering all ages (Lusardi and Mitchell 2009), and more recently they were added to the 2009 U.S. Financial Capability Study (Lusardi and Mitchell 2011d).”
Financial Sophistication in the Older Population (2012, unknown): “Lusardi and Mitchell (2011b) use the 2004 HRS to establish this pattern among older individuals, and Lusardi and Mitchell (2007) replicate these findings for Early Baby Boomers, who display not only low numeracy but also a lack of knowledge of fundamental economic concepts such as interest…”
Visual tools and narratives: new ways to improve financial literacy* (2014, background): “Financial literacy, and specifically the knowledge of financial concepts that are the basis for retirement-related financial decision-making, is one important predictor of retirement planning, not just in the USA but also worldwide (Lusardi and Mitchell, 2011c).”
The Economic Importance of Financial Literacy: Theory and Evidence (2014, unknown): “…and high-cost methods of borrowing, does not diminish the statistical significance of financial literacy and in fact it often enhances it (Lusardi and Mitchell 2011b; Behrman, Mitchell, Soo, and Bravo 2012; van Rooij, Lusardi, and Alessie 2011, 2012; Lusardi and de Bassa Scheresberg…”
Financial Literacy, Retirement Planning and Household Wealth† (2012, unknown): “Our data show that once households calculate their savings needs after retirement, they often follow through with setting up a retirement plan and are successful in sticking to their plan (Lusardi and Mitchell, 2011 a ).”
How Financially Literate Are Women? An Overview and New Insights (2017, methodology): “Very similar differences in financial literacy between men and women have been found in the other countries that use the same three questions or a slight variation of these three questions (see Lusardi and Mitchell 2011b, 2014).”