Options for Measuring Legal and Financial Literacy

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F23%3A10252960" target="_blank" >RIV/61989100:27510/23:10252960 - isvavai.cz</a>
Result on the web
<a href="https://drive.google.com/file/d/1wlzvkm-tOveKAn-k0uagT6RFIo6IjhIK/view" target="_blank" >https://drive.google.com/file/d/1wlzvkm-tOveKAn-k0uagT6RFIo6IjhIK/view</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Options for Measuring Legal and Financial Literacy
Original language description
The definition of financial and legal literacy is still evolving. In today's uncertain times, it is particularly important to define and understand financial and legal literacy correctly. Their focus is seemingly different but they have much in common. Lack of legal literacy can affect financial behaviour and contribute to increasing financial insecurity. According to research, respondents with different levels of legal literacy exhibit different legal behaviours. A properly established measurement of these two areas is the basis for their awareness and proper use in future decision-making. However, we need to know whether and which methods can be used to examine the level of financial and legal literacy in society, and for what purpose they will be composed. The aim is to help quantitative research to find a method of investigation such that its measures assess the level of both financial and legal literacy. The methods are presented to highlight the possible shortcomings and limitations of these methods, and the interpretation of the indicators and results.
Czech name
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Czech description
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Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Liberec Economic Forum 2023 : proceedings of the 16th international conference : 5th – 6 th September 2023, Liberec, Czech Republic, EU
ISBN
978-80-7494-672-1
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
187-195
Publisher name
Technical University of Liberec
Place of publication
Liberec
Event location
Liberec
Event date
Sep 5, 2023
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
001582505100021

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