Financial Literacy

Name: Financial Literacy
Brand: Oxford University Press
SKU: 9780199696819
Price: 109.15 EUR
Availability: InStock

Implications for Retirement Security and the Financial Marketplace

Автор: Olivia S. Mitchell, Annamaria Lusardi

Език:

Корици: С твърди корици

Издател: Oxford University Press

Наличност: Външен склад

Изпращаме след 10-18 дни

109.15 € 213.48 лв

As financial markets grow ever more complex and integrated, households must make increasingly sophis...

Информация за книгата

Автор

Olivia S. Mitchell, Annamaria Lusardi

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2011

страници

328

EAN

9780199696819

ISBN

0199696810

Enbook ID

04535037

Издател

Oxford University Press

Теглоt

606

Размери

239 x 164 x 22

Пълно описание

As financial markets grow ever more complex and integrated, households must make increasingly sophisticated and all-too-often irreversible economic decisions. This is particularly evident in retirement decision-making. Traditional defined benefit pension schemes are being replaced with defined contribution pensions; employer and government judgment regarding how much to save and where to invest has been replaced by employees having to make these choices on their own (sometimes assisted by advisers); and retirees have become responsible for managing their own pension assets. This volume explores how financial literacy can enhance peoples' ability to make informed economic choices. It proposes that financial literacy determines how well people make and execute saving, investing, borrowing, and planning decisions. It examines causality using controlled settings to disentangle whether financial literacy causes saving or vice versa, and demonstrates that financial education programs do indeed enhance financial decision-making and asset accumulation.

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Financial Literacy

Implications for Retirement Security and the Financial Marketplace

Информация за книгата

Пълно описание

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Клиенти, които купиха тази книга, купиха също