The drivers of adult financial literacy: Exploring the role of attitudes towards finance

IF 2.8 3区教育学 Q1 EDUCATION & EDUCATIONAL RESEARCH

European Journal of Education Pub Date : 2024-07-10 DOI:10.1111/ejed.12712

María‐ Jesús Mancebón‐Torrubia, Domingo P. Ximénez‐de‐Embún, Begoña Álvarez‐Farizo

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Abstract

This study investigates the factors driving the financial literacy of adult population in Spain using a regression count model (specifically the latent class Poisson model). The paper pays special attention to the effect of certain financial attitudes and financial personality traits (such as financial myopia, risk aversion, attitude to financial planning and self‐perception of financial vulnerability) upon financial literacy. The results demonstrate a positive association between the financial skills, the sociodemographic characteristics and the attitudes and personality traits of individuals regarding finances. Furthermore, the analysis permits the conclusion that the effects of the financial attitudes analysed in the study vary among the different population groups, which suggests the need to adapt financial literacy promotional programs to the characteristics of the target group. Findings have implications for financial educators, practitioners and policymakers to help them recognize the proper financial program to be delivered on the basis of the FL levels and the sociodemographic composition of the individuals.

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成人金融知识的驱动因素：探索理财态度的作用

本研究采用回归计数模型（特别是潜类泊松模型）对西班牙成年人口金融素养的驱动因素进行了调查。本文特别关注了某些金融态度和金融人格特质（如金融近视、风险规避、对财务规划的态度以及对金融脆弱性的自我认知）对金融素养的影响。研究结果表明，个人的财务技能、社会人口学特征以及财务态度和个性特征之间存在正相关。此外，分析还得出结论，研究中分析的理财态度对不同人群的影响各不相同，这表明有必要根据目标群体的特点调整金融知识推广计划。研究结果对金融教育工作者、从业人员和政策制定者具有启示意义，有助于他们根据个人的 FL 水平和社会人口构成来确定适当的金融计划。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Journal of Education EDUCATION & EDUCATIONAL RESEARCH-

CiteScore

4.50

自引率

0.00%

发文量

期刊介绍： The prime aims of the European Journal of Education are: - To examine, compare and assess education policies, trends, reforms and programmes of European countries in an international perspective - To disseminate policy debates and research results to a wide audience of academics, researchers, practitioners and students of education sciences - To contribute to the policy debate at the national and European level by providing European administrators and policy-makers in international organisations, national and local governments with comparative and up-to-date material centred on specific themes of common interest.