Financial Literacy in Europe by Gianni Nicolini - 9781138362611

Taylor & Francis

Financial Literacy in EuropeAssessment Methodologies and Evidence from European Countries\nAuthor(s): Gianni Nicolini\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138362611, 978-1138362611\nSynopsis\nAre people ready to take pivotal financial decisions like choosing a mortgage, saving for retirement, or investing their savings? How does the degree of knowledge about financial products and services affect the quality of their choices? Can financial fraud be prevented by increasing consumer financial knowledge?\n\nFinancial Literacy in Europe addresses these important questions and more. In the first part, the author investigates the concept of financial literacy by analyzing its components and comparing different definitions from previous studies. This then forms a comprehensive measure of financial literacy to be applied in empirical studies that analyze the role of financial literacy in explaining consumers financial behavi.