Financial Literacy Relation to Economic Policy and other Aspects of Economic Life

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25840886%3A_____%2F24%3AN0000030" target="_blank" >RIV/25840886:_____/24:N0000030 - isvavai.cz</a>
Result on the web
<a href="https://reference-global.com/book/9788367405973" target="_blank" >https://reference-global.com/book/9788367405973</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.2478/9788367405973-022" target="_blank" >10.2478/9788367405973-022</a>

Result language
angličtina
Original language name
Financial Literacy Relation to Economic Policy and other Aspects of Economic Life
Original language description
Financial literacy affects various aspects of economic decisions made by individuals and in total, it influences the economics and economic policies. The paper focuses on financial literacy and its relation to main measures reflecting economic policies (GDP, unemployment) in various countries worldwide and in specific regions, primarily using correlation analysis. Some focus is also given to the financial literacy correlation to e-government level in EU. In addition to discussion to observed relations, various methods of measuring the financial literacy and their applicability are discussed. The paper concludes that despite previous effort, there are some facets of financial literacy and its impact to economic life where enough data is missing. Moreover, the relation between financial literacy and digital skills and IT security skills was analyzed. Unfortunately, these quantities do not seem to be correlated enough.
Czech name
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Czech description
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Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the International Scientific Conference ECONOMIC POLICY
ISBN
978-80-87291-35-1
ISSN
2788-2012
e-ISSN
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Number of pages
7
Pages from-to
251-257
Publisher name
European Research University
Place of publication
Ostrava
Event location
Ostravice
Event date
Sep 3, 2024
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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