POCIŤOVANÁ A SKUTOČNÁ FINANČNÁ GRAMOTNOSŤ

• Authors: Baláž Vladimír

Title variants

EN

Perceived and actual financial literacy

• Languages of publication: SK

Abstracts

EN

Perceived and actual financial literacy in Slovakia was examined via standard questions used in the international surveys. The levels of perceived competence were well-related to actual knowledge of basic financial concepts, such as inflation, compound interest, time value of money and investment costs and socio-demographic variables (education, gender). Psychological variables (risk tolerance levels) impacted perceived financial knowledge indirectly, via willingness to invest in risky classes of financial products.

Keywords

EN

FINANCIAL LITERACY; FINANCIAL KNOWLEDGE; FINANCIAL DECISIONS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2012
• Volume: 60
• Issue: 7
• Pages: 681 – 697

Contributors

author

Baláž Vladimír

• Prognostický ústav SAV, Šancová 56, 811 05 Bratislava, SlovakRepublic