Financial Education and Gender Equity

被引:1
作者
Bae, Kyounghun [1 ]
Jang, Ga-Young [2 ]
Kang, Hyoung-Goo [2 ]
Tan, Pearleen [2 ]
机构
[1] Sungkyunkwan Univ, Dept Finance, Seoul, South Korea
[2] Hanyang Univ, Dept Finance, 222 Wangsimni Ro, Seoul 04763, South Korea
关键词
Early education; Financial behavior; Financial education; Financial literacy; Gender equity; A21; H52; I24; LITERACY; IMPACT; WOMEN; DETERMINANTS; ECONOMICS;
D O I
10.1111/ajfs.12378
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This study investigates how to promote gender equity in finance through early financial education using survey responses gathered in Singapore. The empirical tests for the effect of financial education on financial literacy suggest that women who receive early financial education better understand the compounding effect of interest rates on loans, portfolio diversification, and mortgage payments. The impact of early financial education on financial behavior is also evident in women's increased participation in the stock market, insurance activities, and savings habits. The implications can be used to guide policymakers charged with promoting gender equity through early financial education.
引用
收藏
页码:372 / 400
页数:29
相关论文
共 43 条
[1]   Does having women on boards create value? The impact of societal perceptions and corporate governance in emerging markets [J].
Abdullah, Shamsul N. ;
Ismail, Ku Nor Izah Ku ;
Nachum, Lilac .
STRATEGIC MANAGEMENT JOURNAL, 2016, 37 (03) :466-476
[2]   Financial literacy and portfolio diversification [J].
Abreu, Margarida ;
Mendes, Victor .
QUANTITATIVE FINANCE, 2010, 10 (05) :515-528
[3]  
Alcon A., 1999, Journal of Financial Planning, V12, P82
[4]   THE EFFECTS OF PERCEIVED AND ACTUAL FINANCIAL LITERACY ON FINANCIAL BEHAVIORS [J].
Allgood, Sam ;
Walstad, William B. .
ECONOMIC INQUIRY, 2016, 54 (01) :675-697
[5]  
[Anonymous], 2021, The Economist
[6]  
Baker H.Kent., 2010, BEHAV FINANCE INVEST
[7]   The effects of financial education in the workplace: evidence from a survey of households [J].
Bernheim, BD ;
Garrett, DM .
JOURNAL OF PUBLIC ECONOMICS, 2003, 87 (7-8) :1487-1519
[8]   Education and saving: The long-term effects of high school financial curriculum mandates [J].
Bernheim, BD ;
Garrett, DM ;
Maki, DM .
JOURNAL OF PUBLIC ECONOMICS, 2001, 80 (03) :435-465
[9]   What accounts for the variation in retirement wealth among US households? [J].
Bernheim, BD ;
Skinner, J ;
Weinberg, S .
AMERICAN ECONOMIC REVIEW, 2001, 91 (04) :832-857
[10]   Ms. Trust: Gender, Networks and Trust-Implications for Management and Education [J].
Bevelander, Dianne ;
Page, Michael John .
ACADEMY OF MANAGEMENT LEARNING & EDUCATION, 2011, 10 (04) :623-642