Additional Information
Please fill-in the following information before you start your courses:
First Name: Last Name: Organization/Agency your work for: (Please put N/A if you are not working for anyone) City and province: Which of the following financial empowerment services does your organization provide? (Check any that apply): Save
Show inline popup

Financial literacy and financial resilience: Evidence from around the world
Get it

You need to login or register to bookmark/favorite this content.

This study presents findings from a measurement of financial literacy using questions assessing basic knowledge of four fundamental concepts in financial decision making: knowledge of interest rates, interest compounding, inflation, and risk diversification. Worldwide, just one in three adults are financially literate—that is, they know at least three out of the four financial concepts. Women, poor adults, and lower educated respondents are more likely to suffer from gaps in financial knowledge.

Author: Annamaria Lusardi, Leora Klapper
Topic: Financial literacy, Research and evaluation
Publisher: Financial Management Association International
Location: United States
Format: Academic paper
Content Type: Research
Publication Date: August 22, 2019