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Gender differences and stereotypes in financial literacy: Off to an early start

Author

Listed:
  • Driva, Anastasia
  • Lührmann, Melanie
  • Winter, Joachim
Abstract
The determinants of the gender gap in financial literacy, an important correlate of financial wealth, are largely unknown. We confirm the existence of the gap already among teenagers and report an association with gender stereotypes related to household finance. (C) 2016 Elsevier B.V. All rights reserved.

Suggested Citation

  • Driva, Anastasia & Lührmann, Melanie & Winter, Joachim, 2016. "Gender differences and stereotypes in financial literacy: Off to an early start," Munich Reprints in Economics 43491, University of Munich, Department of Economics.
  • Handle: RePEc:lmu:muenar:43491
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    References listed on IDEAS

    as
    1. Melanie Lührmann & Marta Serra-Garcia & Joachim Winter, 2018. "The Impact of Financial Education on Adolescents' Intertemporal Choices," American Economic Journal: Economic Policy, American Economic Association, vol. 10(3), pages 309-332, August.
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    5. Annamaria Lusardi & Olivia S. Mitchell, 2014. "The Economic Importance of Financial Literacy: Theory and Evidence," Journal of Economic Literature, American Economic Association, vol. 52(1), pages 5-44, March.
    6. Annamaria Lusardi & Olivia S. Mitchell, 2008. "Planning and Financial Literacy: How Do Women Fare?," American Economic Review, American Economic Association, vol. 98(2), pages 413-417, May.
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    9. van Rooij, Maarten & Lusardi, Annamaria & Alessie, Rob, 2011. "Financial literacy and stock market participation," Journal of Financial Economics, Elsevier, vol. 101(2), pages 449-472, August.
    10. Katherine Baldiga Coffman, 2014. "Evidence on Self-Stereotyping and the Contribution of Ideas," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 129(4), pages 1625-1660.
    11. Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), 2011. "Handbook of the Economics of Education," Handbook of the Economics of Education, Elsevier, edition 1, volume 3, number 3, June.
    12. Lührmann, Melanie & Serra-Garcia, Marta & Winter, Joachim, 2015. "Teaching teenagers in finance: Does it work?," Journal of Banking & Finance, Elsevier, vol. 54(C), pages 160-174.
    13. Jappelli, Tullio & Padula, Mario, 2013. "Investment in financial literacy and saving decisions," Journal of Banking & Finance, Elsevier, vol. 37(8), pages 2779-2792.
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    More about this item

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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