HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Other publications

Financial Literacy and Numeracy

Abstract : The aim of this chapter is to investigate the relationship between financial literacy and numeracy. It turns out that numeracy and financial literacy are strongly correlated. In order to clarify this relationship, we review, in a first section, the general definition of numeracy and its most commonly used measures. We then try to enlighten the distinction that can be made between numeracy and financial literacy. In a second section, we focus on the relationship between numeracy and financial literacy using the main empirical studies performed. Since the analyses of their results show that numeracy is a key determinant of financial literacy, we highlight, in a third and final section, the key role that numeracy could have in education programs and consumer protection policies to improve financial decisions.
Document type :
Other publications
Complete list of metadata

https://halshs.archives-ouvertes.fr/halshs-03461252
Contributor : Lucie Label Connect in order to contact the contributor
Submitted on : Wednesday, December 1, 2021 - 12:00:59 PM
Last modification on : Friday, May 20, 2022 - 9:53:04 AM
Long-term archiving on: : Wednesday, March 2, 2022 - 7:06:11 PM

File

21031.pdf
Files produced by the author(s)

Identifiers

  • HAL Id : halshs-03461252, version 1

Citation

Elisa Darriet, Marianne Guille, Jean-Christophe Vergnaud. Financial Literacy and Numeracy. 2021. ⟨halshs-03461252⟩

Share

Metrics

Record views

94

Files downloads

91