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on Financial Literacy and Education |
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Issue of 2022‒03‒28
four papers chosen by |
| By: | Derek Messacar |
| Abstract: | Using administrative data from Canada linked to a financial capability survey, I show that tax-deductible savings plans are often used to manipulate final balances owed to the central tax authority during tax season. This finding implies a strong avoidance motive for saving, where tax filers manipulate final balances rather than total tax liabilities, consistent with loss-aversion. The magnitude of this effect is economically significant. For example, each $100 owed increases the likelihood of contributing by about half a percentage point. There is evidence that the behavior is driven by tax filers with low financial literacy who make disproportionately large contributions in the last 60 days before the annual deadline. |
| Keywords: | Loss-aversion, tax avoidance, savings, regression kink design |
| JEL: | D14 D91 H26 H31 |
| Date: | 2022 |
| URL: | http://d.repec.org/n?u=RePEc:rsi:irersi:8&r= |
| By: | Nuris, Dudung Ma'ruf (Universitas Negeri Malang) |
| Abstract: | The Coronavirus Disease (COVID-19) pandemic has resulted in economic turmoil that hit almost all countries in the world. In households that the economy affected due to the pandemic, the children who are still students also disadvantaged because of the implementation of online learning. The socioeconomic background of students has an influence on student performance and achievement in learning activities during pandemic. With the economic downturn during pandemic period, students from low-income family had lower opportunities in online learning than students from high-income family. Students must have gadgets and internet data to be able to take part in online learning activitiy everyday, so they need to get economic help and encouragement from school and teachers so that they can continue their learning activities. This study aims to explain how financial literacy of vocational students during the COVID-19 pandemic. This study uses a qualitative approach and phenomenological study. The conclusion of this study is that financial literacy education from school can be a provision for young generation in the future and to move the wheels of economy which will have an impact on increasing national income and save the country from the impact of economic crisis due to the COVID-19 pandemic. |
| Date: | 2021–10–30 |
| URL: | http://d.repec.org/n?u=RePEc:osf:osfxxx:qyzja&r= |
| By: | Roa, María José |
| Abstract: | En este trabajo se presenta una revisión de la literatura internacional sobre la inclusión financiera y las normas de género. Sobre la base de esta revisión, se identifican y explican las normas de género que afectan el acceso financiero, principalmente al crédito, de la mujer emprendedora. Se concluye que las normas sociales que determinan el rol de la mujer en la familia, en la comunidad y en la sociedad limitan el efecto de los programas de acceso al crédito y otros productos financieros sobre la inclusión financiera, el empoderamiento, la empresarialidad y otros aspectos. Las normas sociales perpetúan y agravan las barreras para la inclusión financiera de la mujer, con matices que van más allá de la territorialidad. Por ello, es fundamental investigar el papel que desempeñan las normas sociales de género en la inclusión financiera en más detalle, en especial en América Latina, donde existen pocos estudios anteriores sobre el tema. Se proporcionan también recomendaciones y directrices para incorporar componentes dirigidos a atender y cambiar las normas sociales de género al desarrollar programas de inclusión financiera. |
| Keywords: | MUJERES, ADELANTO DE LA MUJER, INCLUSION FINANCIERA, IGUALDAD DE GENERO, SERVICIOS FINANCIEROS, INSTITUCIONES FINANCIERAS, ZONAS URBANAS, ZONAS RURALES, WOMEN, WOMEN'S ADVANCEMENT, FINANCIAL INCLUSION, GENDER EQUALITY, FINANCIAL SERVICES, FINANCIAL INSTITUTIONS, URBAN AREAS, RURAL AREAS |
| Date: | 2021–12–09 |
| URL: | http://d.repec.org/n?u=RePEc:ecr:col022:47539&r= |
| By: | Canova, Luciano; Paladino, Giovanna |
| Abstract: | Before the coronavirus disease (COVID-19) pandemic, awareness of the relevance of sustainability issues and climate change had increased significantly, especially among the younger generation. The COVID-19 pandemic and the related shutdown of many economic activities raised concerns about the conservation of biodiversity and the environment and about the state of personal economic well-being. Theoretically, at least two associations between sustainability and personal financial habits are relevant: a) they concern the decision-making process regarding the use of scarce resources, and b) they need a medium/long-term horizon as they exert their impacts over time. In this study, we examined how Generation Z deals with issues of sustainability and money management. By using the technique of the principal components, two synthetic indexes were derived on the basis of a set of multivariate information from a questionnaire that investigated the approach to the issue of sustainability by a representative sample of 400 girls aged between 13 and 18 years. The GREEN INDEX represents environmental practices, and the MONEY INDEX represents habits in money management. They are used as dependent variables to detect how socio-demographic factors and personality elements influence the degree of awareness. Our results show the importance of character traits at both levels of awareness and the strong association between attention to money management and a sense of responsibility toward the environment, highlighting the possibility that financial education can set in motion a virtuous circle. |
| Keywords: | Sustainability, Environment, Financial Education, Gen Z |
| JEL: | G10 J53 Q50 |
| Date: | 2022–01 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:111889&r= |