The DOI matches its Crossref record; 74 of the 74 references it cites were found in a registry or an index.
How Financially Literate Are Women? An Overview and New Insights
Open accessAbstract
We document strikingly similar gender differences in financial literacy across countries. When asked to answer questions that measure knowledge of basic financial concepts, women are less likely than men to answer correctly and more likely to indicate that they do not know the answer. Both young and old women show low levels of financial literacy. Moreover, women for whom financial knowledge is likely to be very important—for example widows or single women—also know little about concepts relevant for day‐to‐day financial decisions. The gender differences are present for very basic as well as more advanced measures of financial literacy. This is important because financial literacy has been linked to economic behavior, including retirement planning and wealth accumulation. Women live longer than men and are likely to spend time in widowhood. Thus, improving women's financial literacy is key to helping them prepare for retirement and promoting their financial security.
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Citations
Cites
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“The gender gap in financial literacy is also evident when using a larger set of questions (up to 16) that assess understanding of both simple and complex financial concepts among Dutch, American, and German respondents (see Van Rooij, Lusardi, and Alessie 2011; Lusardi and Mitchell 2009; and Bucher-Koenen 2011, respec…”
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Cited by
Financial literacy, financial advice, and financial behavior
Stolper, O. A., & Walter, A. (2017) · Journal of Business Economics · doi:10.1007/s11573-017-0853-9 · Cited by 471
Financial literacy and retirement planning in Finland
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Metadata
- Authors
- Bucher‐Koenen, T., Lusardi, A., Alessie, R., & van Rooij, M.
- Venue
- Journal of Consumer Affairs
- Publisher
- Wiley
- Published
- 2016-08-24
- Volume
- 51
- Issue
- 2
- Pages
- 255-283
- ISSN
- 0022-0078 (ISSN-L)
- 1745-6606
- OpenAlex
- W1485876187
- Cited by
- 521
- References
- 74
- FWCI
- 101.20
- Type
- journal article
- Language
- en
- Open access
- hybrid
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- Bucher‐Koenen, T., Lusardi, A., Alessie, R., & van Rooij, M. (2017). How Financially Literate Are Women? An Overview and New Insights. Journal of Consumer Affairs. https://doi.org/10.1111/joca.12121
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.