Financial Literacy: Study of the Financial Literacy Level

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F17%3A00098214" target="_blank" >RIV/00216224:14560/17:00098214 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Financial Literacy: Study of the Financial Literacy Level
Original language description
Financial literacy is usually interpreted as a set of knowledge which is necessary to have for being able to make proper and correct decisions concerning personal investments, debts and other ones related to personal finance. Such type of education has become an important part of every educational system, since its importance has increased within previous years. As a consequence of this, financial literacy needs to be measured and regularly tested. The goal of the study is to measure if there is a difference between objective level of financial literacy and between subjective self-assessment. The study focuses on differences among various age groups. The results of the study help to target further proposal for formal and informal education system amendments. The study is based on data collected through an electronic questionnaire. As for methods, the study is based on comparison of average values across various groups of respondents, therefore, t-test is employed. Consequently, the study also includes various descriptive statistics.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 14th International Scientific conference European Financial Systems 2017, Part 2
ISBN
9788021086098
ISSN
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e-ISSN
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Number of pages
5
Pages from-to
120-124
Publisher name
Masarykova univerzita
Place of publication
Brno
Event location
Brno
Event date
Jun 26, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000418110800014

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