We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial concepts is lacking among women, the less educated, and those living in East Germany. In particular, those with low education and low income in East Germany have little financial literacy compared to their West German counterparts. Interestingly, there is no gender disparity in financial knowledge in the East. In order to investigate the nexus of causality between financial literacy and retirement planning we develop an IV strategy by making use of regional variation in the financial knowledge of peers. We find a positive impact of financial knowledge on retirement planning.Financial sophistication, retirement planning, life-c...
Using micro data on Japanese households, I provide an overview of the level of financial literacy in...
We examine the relationship between financial literacy and retirement planning in Russia, a country ...
In an international comparison, Germans have a relatively high level of financial knowledge. However...
We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of ...
We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of ...
Financial knowledge is not wide spread in Germany. In that respect we confirm results found for ...
We use a representative survey covering 1,500 households to document the level of financial literacy...
The German population has good financial knowledge measured on the basis of three financial literacy...
We use a representative survey covering 1,500 households to document the level of financial literacy...
Extensive pensions reforms in Germany will result in lower pension income from the public pension sy...
Financial literacy or “what consumers know about finance” has become part of the scientific discussi...
We use the German reunification as a natural experiment to understand drivers of financial literacy ...
A growing body of literature shows the importance of financial literacy in households' financial dec...
Our study contributes to the financial literacy literature by examining its association with retirem...
The complexity of financial decisions that households now face has increased to unprecedented levels...
Using micro data on Japanese households, I provide an overview of the level of financial literacy in...
We examine the relationship between financial literacy and retirement planning in Russia, a country ...
In an international comparison, Germans have a relatively high level of financial knowledge. However...
We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of ...
We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of ...
Financial knowledge is not wide spread in Germany. In that respect we confirm results found for ...
We use a representative survey covering 1,500 households to document the level of financial literacy...
The German population has good financial knowledge measured on the basis of three financial literacy...
We use a representative survey covering 1,500 households to document the level of financial literacy...
Extensive pensions reforms in Germany will result in lower pension income from the public pension sy...
Financial literacy or “what consumers know about finance” has become part of the scientific discussi...
We use the German reunification as a natural experiment to understand drivers of financial literacy ...
A growing body of literature shows the importance of financial literacy in households' financial dec...
Our study contributes to the financial literacy literature by examining its association with retirem...
The complexity of financial decisions that households now face has increased to unprecedented levels...
Using micro data on Japanese households, I provide an overview of the level of financial literacy in...
We examine the relationship between financial literacy and retirement planning in Russia, a country ...
In an international comparison, Germans have a relatively high level of financial knowledge. However...