Financial Literacy among the Young

被引：712

作者：

Lusardi, Annamaria ^{[1
]}

Mitchell, Olivia S. ^{[2
]}

Curto, Vilsa ^{[3
]}

机构：

[1] Dartmouth Coll, Hanover, NH 03755 USA

[2] Univ Penn, Wharton Sch, Dept Insurance & Risk Management, Philadelphia, PA 19104 USA

[3] Harvard Univ, Educ Innovat Lab, Cambridge, MA 02138 USA

来源：

JOURNAL OF CONSUMER AFFAIRS | 2010年 / 44卷 / 02期

关键词：

D O I：

10.1111/j.1745-6606.2010.01173.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We examined financial literacy among the young using the most recent wave of the 1997 National Longitudinal Survey of Youth. We showed that financial literacy is low; fewer than one-third of young adults possess basic knowledge of interest rates, inflation and risk diversification. Financial literacy was strongly related to sociodemographic characteristics and family financial sophistication. Specifically, a college-educated male whose parents had stocks and retirement savings was about 45 percentage points more likely to know about risk diversification than a female with less than a high school education whose parents were not wealthy.

引用

页码：358 / 380

页数：23