返回Google圖書搜尋

Financial Literacy and Undergraduates

其他書名	A Question of Aptitude?
出版	SSRN, 2013
URL	http://books.google.com.hk/books?id=xJkczwEACAAJ&hl=&source=gbs_api

註釋Our study tests whether differing profiles of students - measured according to standard socio-demographic characteristics and their financial aptitude - show different levels of financial literacy at the beginning of their university careers. It is widely acknowledged that financial literacy among the young is influenced by socio-demographic characteristics. Levering on the results of studies estimating the influence of genetic factors on financial behavior, we argue that along with demographics and experience there are unobservable variables, such as aptitude, that help explain a student's financial literacy. We surveyed 366 Business Studies freshmen during their first few weeks at a large Italian university: in other words, our sample is composed of freshmen with no prior educational exposure to financial matters except, in some cases, a high school diploma in commercial studies or a personal interest in financial issues. After controlling for education, gender, work and financial experience, parents' educational attainment, students of Finance showed a higher level of financial literacy with respect to their peers: thus confirming the role of financial aptitude.