A latent profile analysis of college students' financial knowledge: The role of financial education, financial well-being, and financial risk tolerance

被引:6
作者
Rabbani, Abed G. [1 ]
Heo, Wookjae [2 ]
Lee, Jae Min [3 ]
机构
[1] Univ Missouri, Dept Personal Financial Planning, 239B Stanley Hall, Columbia, MO 65211 USA
[2] South Dakota State Univ, Div Hlth & Consumer Sci, Brookings, SD 57007 USA
[3] Minnesota State Univ Mankato, Dept Family Consumer Sci, Mankato, MN USA
关键词
Financial education; financial knowledge; financial risk tolerance; financial well-being; latent profile analysis;
D O I
10.1080/08832323.2021.1895046
中图分类号
G40 [教育学];
学科分类号
040101 ; 120403 ;
摘要
This research aims to classify college students into meaningful groups based on their subjective financial knowledge (SFK), objective financial knowledge (OFK), and comparative financial knowledge (CFK) using Latent Profile Analysis (LPA). LPA captures underlying dynamics within the grouping variables and compares group differences. Results of LPA suggest three groups of college students in the sample, and the groups differed in levels of financial well-being (FWB), financial risk tolerance (FRT), and financial education experience (FEE).
引用
收藏
页码:112 / 118
页数:7
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