Economic literacy: an international comparison.

Autor/in	Jappelli, Tullio
Titel	Economic literacy: an international comparison.
Quelle	Frankfurt, Main: Center for Financial Studies (2010), 32 S., 212,15 KB PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2); PDF als Volltext kostenfreie Datei (3) Link als defekt meldenVerfügbarkeit
Reihe	CFS working paper. 2010/16
Beigaben	grafische Darstellungen
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
Schlagwörter	Kompetenz; Vergleich; Bildungsniveau; Wirtschaftspädagogik; Wirtschaftswissenschaft; Ökonomie; Arbeitspapier; Welt; PISA (Programme for International Student Assessment)
Abstract	Many studies show that most people are not financially literate and are unfamiliar with even the most basic economic concepts. However, the evidence on the determinants of economic literacy is scant. This paper uses international panel data on 55 countries from 1995 to 2008, merging indicators of economic literacy with a large set of macroeconomic and institutional variables. Results show that there is substantial heterogeneity of financial and economic competence across countries, and that human capital indicators (PISA test scores and college attendance) are positively correlated with economic literacy. Furthermore, inhabitants of countries with more generous social security systems are generally less literate, lending support to the hypothesis that the incentives to acquire economic literacy are related to the amount of resources available for private accumulation.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2011/3