Cognitive abilities and portfolio choice
By Dimitrios Christelis, Tullio Jappelli, Mario Padula. 2010
926 citations recorded by the source corpus.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/ef19b4763dece73c9482cb18fcbdefec1514e08c
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Citations in the corpus
- Stock Market Literacy, Trust, and Participation (2015, neutral): “…genetics (Barnea et al., 2010), political orientation (Kaustia and Torstila, 2011), the ability to understand investment (Graham et al., 2009; Christelis et al., 2010), stock market return experience (Malmendier and Nagel, 2011), educational attainment and (cid:133)nancial sophistication…”
- Ageing, Cognitive Abilities and Retirement (2012, neutral): “As many countries have moved more towards systems of individual provision for retirement income, decision making ability is becoming a crucial element for the appropriate formulation of consumption and saving plans (Banks and Oldfield, 2007; Christelis et al., 2010).”
- Optimal Financial Knowledge and Wealth Inequality (2017, positive): “…the United States; as illustrated by the Organization for Economic Co-operation and Development (OECD, nd) and the Survey of Health, Aging and Retirement in Europe (SHARE), respondents there also score poorly on several numeracy and nancial literacy scales (Christelis, Jappelli, and Padula, 2010).”
- Financial literacy: A systematic review and bibliometric analysis (2020, positive): “Cognitive ability, which relates to planning and problem solving, is another component of financial literacy which makes households capable of investing in stock markets, mutual funds and retirement (Christelis, Jappelli, & Padula, 2010).”
- Cognitive (ir)reflection: New experimental evidence☆ (2016, background): “Similarly, financial literacy has been shown to correlate with stockholding (Christelis et al., 2010) and is an increasingly important objective in high school curricula (Mandell and Klein, 2009).”
- Gender, Stock Market Participation and Financial Literacy (2015, positive): “Christelis et al. (2010) find that this is the case when exploring numeracy (as well as verbal fluency and recall skills) among a sample of individuals aged 50+ in 11 European countries, with detailed data on wealth and portfolio composition.”
- Teaching teenagers in finance: does it work? (2015, background): “Christelis et al. (2010) highlight the impeding role of information constraints in portfolio choice, and Jappelli and Padula (2013) stress the effects of financial literacy on savings decisions.”
- Financial literacy, financial advice, and financial behavior (2017, background): “2 Stock market participation Another robust finding in the literature is a positive correlation between stock market participation and financial literacy (e.g., Kimball and Shumway 2006; Christelis et al. 2010; van Rooij et al. 2011b; Balloch et al. 2015; Clark et al. 2015).”