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Cited by 521

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 access
Bucher‐Koenen, Tabea, Lusardi, Annamaria, Alessie, Rob, van Rooij, Maarten·2017·Journal of Consumer Affairs

Abstract

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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Research works printed but not linked: 6

  1. 10.2466/pr0.1997.80.1.236 · doi:10.2466/pr0.1997.80.1.236
  2. Hogarth Jeanne, 2002, Financial Knowledge, Experience and Learning Preferences: Preliminary Results from a New Survey on Financial Literacy, Consumer Interest Annual, 48, 1
  3. 10.1080/13545700903153963 · doi:10.1080/13545700903153963
  4. Lusardi Annamaria, 2008, Overcoming the Saving Slump: How to Increase the Effectiveness of Financial Education and Saving Programs, 209
  5. Mandell Lewis, 2004, Financial Literacy: Are We Improving? Results of the 2004 National Jump$tart Survey
  6. Sevak Purvi, 2003, The Economic Consequences of Husband's Death: Evidence from HRS and AHEAD, Social Security Bulletin, 65, 31

Cited by

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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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CoChat. (2026). Citation check: How Financially Literate Are Women? An Overview and New Insights. https://app.cochat.ai/papers/10.1111/joca.12121
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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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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.