Financial Education, Literacy and Investment Attitudes

SAFE Working Paper No. 86

37 Pages Posted: 4 Mar 2015 Last revised: 7 May 2015

See all articles by Agar Brugiavini

Agar Brugiavini

Ca Foscari University of Venice - Dipartimento di Economia

Danilo Cavapozzi

Ca Foscari University of Venice - Dipartimento di Economia; Netspar

Mario Padula

University "Ca' Foscari" of Venice; CSEF

Yuri Pettinicchi

Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)

Multiple version iconThere are 2 versions of this paper

Date Written: May 2015

Abstract

Based on a sample of university students, we provide field and laboratory evidence that a small scale training intervention has both a statistically and economically significant effect on subjective and objective assessments of financial knowledge. We show also that the intervention increases self-assessed more than actual financial knowledge.

Keywords: Financial education, Financial literacy, Planning, Investment attitudes

JEL Classification: D14, G11, I20

Suggested Citation

Brugiavini, Agar and Cavapozzi, Danilo and Padula, Mario and Pettinicchi, Yuri, Financial Education, Literacy and Investment Attitudes (May 2015). SAFE Working Paper No. 86. Available at SSRN: https://ssrn.com/abstract=2572297 or http://dx.doi.org/10.2139/ssrn.2572297

Agar Brugiavini

Ca Foscari University of Venice - Dipartimento di Economia ( email )

Cannaregio 873
Venice, 30121
Italy

Danilo Cavapozzi

Ca Foscari University of Venice - Dipartimento di Economia ( email )

Cannaregio 873
Venice, 30121
Italy

Netspar ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

Mario Padula

University "Ca' Foscari" of Venice ( email )

Dorsoduro 3246
Venice, Veneto 30123
Italy
+390412349181 (Phone)
+390412349176 (Fax)

CSEF

Via Don Melillo I
Fisciano, Salerno, 84084
Italy

Yuri Pettinicchi (Contact Author)

Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) ( email )

Amalienstrasse 33
Munich, 80799
Germany
+49-89-38602-301 (Phone)

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