FINANCIAL LITERACY AND PLANNING: IMPLICATIONS FOR RETIREMENT WELLBEING

By Anna Lusardi, Olivia S. Mitchell. 2005

735 citations recorded by the source corpus.

Subfields: Accounting, Demography, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/832713e0159d6398877118f13615a6ae209c6a06

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Citations in the corpus

The Economic Importance of Financial Literacy: Theory and Evidence (2014, positive): “…that older people give themselves very high scores regarding their own financial literacy, despite scoring poorly on the basic financial literacy questions (Lusardi and Mitchell 2011b; Lusardi and Tufano 2009a) and not just in the US but other countries as well (Lusardi and Mitchell, 2011c).”
Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth (2006, neutral): “Our previous paper (Lusardi and Mitchell, 2006) used a special module covering a subset of 2004 HRS respondents and demonstrated that only a small fraction (less than a one-third) of older respondents ever tried to figure out how much they needed to save for retirement.”
Handbook of Consumer Finance Research (2008, neutral): “Financial literacy has be en associated with fi nancial decisions such as investing, saving, and high cost borrowing (Bernheim & Garrett, 2003 ; Lusardi & Mitchell, 2007 , 2011 ).”
Cognitive abilities and portfolio choice (2010, neutral): “Lusardi and Mitchell (2005) find a negative association between planning for retirement and financial education and Graham, Harvey, and Huang (2005) document that investors who claim to understand investment products hold more efficient portfolios.”
Financial literacy and retirement planning: the Russian case* (2011, neutral): “( e.g. Bernheim, 1995; Lusardi and Mitchell2007; 2011 inter alia ).”
FINANCIAL LITERACY AROUND THE WORLD: AN OVERVIEW (2011, neutral): “After implementing these questions in the 2004 HRS module for a sample of over 1200 respondents age 50+ (Lusardi and Mitchell 2011), they were then thoroughly tested in other datasets using respondents from different age groups and time periods, and using different data collection methods.”