Öz
Kaynakça
- Ayers, Ch., A. (2012). Empowering All Students with a Secure Economic and Financial Future: Multidisciplinary Investment Education in Social Studies Curricula and Beyond. Journal of Consumer Education, 29, pp. 1 – 13. Banks, J. & Oldfield, Z. (2007). Understanding Pensions: Cognitive Functions, Numerical Ability and Retirement Saving. Fiscal Studies, 28 (2), pp. 143 – 170. doi:10.1111/j.1475-5890.2007.00052.x. Behrman, J. R., Mitchell, O. S., Soo, C. K. & Brava, D. (2012). How Financial Literacy Affects Household Wealth Accumulation. The American Economic Review, 102 (3), pp. 300 – 304. doi:10.1257/aer.102.3.300. Fornero, E. & Monticone, Ch., (2011). Financial literacy and pension plan participation in Italy. Journal of Pension Economics and Finance, 10 (4), pp. 547 – 564. doi:10.1017/S1474747211000473. Giesler, M., & Veresiu, E. (2014). Creating the Responsible Consumer: Moralistic Governance Regimes and Consumer Subjectivity. Journal of Consumer Research, 41 (3), pp.840 – 857. doi:10.1086/677842. Habschick, M., Seidl, B., & Evers, J. (2007). Survey of financial literacy schemes in the EU27. VT Markt/2006/26H-Final Report, Hamburg. Kim, J. (2001). Financial Knowledge and Subjective and Objective Financial Well‐being. Consumer Interests Annual, 47, pp.1 – 3. Kozubík, A., Kozubíková, Z. & Rybička, J. (2017). Financial Literacy of University Students – the Czech and Slovak Experience. New Trends and Issues Proceedings on Humanities and Social Sciences, 07, pp 41 – 51. doi:10.18844/prosoc.v4i3.2630. Kozubíková, Z. (2015). Financial Literacy as an Important Objective of the Education in Economics. In Proceedings of the Conference: Knowledge for market use 2015: women in business in the past and present, Olomouc: Societas Scientiarium Olomucensis II. pp. 429 – 439. ISBN: 978-80-87533-12-3. Lusardi, A. & Mitchell, O., S. (2007). Baby Boomer Retirement Security: The Role of Planning, Financial Literacy, and Housing Wealth. Journal of Monetary Economics, 54 (1), pp. 205 – 224. Lusardi, A., Mitchell, O. S. & Curto, V. (2010). Financial literacy among the young: Evidence and implications for consumer. Journal of Consumer Affairs, 44 (2), pp. 358 – 380. doi: 10.1111/j.1745-6606.2010.01173.x Lusardi, A., & Mitchell, O. S. (2011a). Financial Literacy and Planning: Implications for Retirement Wellbeing, In: Financial Literacy: Implications for Retirement Security and the Financial Marketplace, edited by Olivia S.Mitchel and Annamaria Lusardi, Oxford and New York, Oxford University Press, pp.17 – 39. ISBN: 978-019-96968-1-9. Lusardi, A., & Mitchell, O. S. (2011b). Financial literacy around the world: an overview. Journal of Pension Economics and Finance, 10 (4), pp. 497 – 508. doi:10.1017/S1474747211000448. Lusardi, A., Mitchell, O. S. & Curto, V.(2012). Financial Sophistication Among the Older Population. NBER Working Paper 15469. Cambridge, MA: National Bureau of Economic Research. Lusardi,A., Oggero,N. & Yakoboski,P.J. (2017). The TIAA Institute/GFLEC Personal Finance Index: A New Measure of Financial Literacy. TIAA Institute, New York. doi:10.13140/RG.2.2.13425.68962. Mandell, L. (2007). Financial literacy of high school students. In: J.J. Xiao (Ed.), Handbook of Consumer Finance Research, New York, NY: Springer, pp. 163 – 183. Mishkin, F. S. (2008). The importance of economic education and financial literacy. Speech at the Third National Summit on Economic and Financial Literacy, Washington, D.C. OECD & INFE (2011). Measuring Financial Literacy: Core Questionnaire in Measuring Financial Literacy: Questionnaire and Guidance Notes for conducting an Internationally Comparable Survey of Financial literacy. Paris: OECD. Polák, J.,Kozubíková, Z.,Kozubík, A. (2018) Financial Literacy of University Students and Effects of Practical Experience. In: Abstracts & Proceedings of SOCIOINT 2018 - 5th International Conference on Education, Social Sciences and Humanities, 2-4 July 2018- Dubai, UAE, pp.17 – 26.ISBN: 978-605-82433-3-0. Van Rooij, M. C. J., Lusardi, A. & Alessie, R. J. M. (2012). Financial Literacy, Retirement Planning and Household Wealth. The Economic Journal, 122 (560), pp, 449 – 478. doi:10.1111/j.1468-0297.2012.02501.x.
Öz
This paper presents the results of the
financial literacy survey of the university students in the economic fields of
study. The research was conducted by a questionnaire survey method at two
universities, one of them in the Slovak Republic and the other in the Czech
Republic. The survey involved both, the full-time students as well as the
part-time students. In the framework of this survey, some of the personality
characteristics of the participants were found out, and in the second part,
they solved a total of thirteen problems in the area of daily financial
decision making. The questions examined their financial literacy across four
areas of personal finance, namely time value of money and perception of
inflation, annuities and debt repayment, risk and investment, and decision
making. All questions were assigned as multiple choice questions with four response
options, one of which was the correct answer, two incorrect answers, and
"I do not know" option. While the part-time students answered over
56% questions correctly, the full-time students answered only 51% questions
correctly. After identifying a higher level of total financial literacy of the
part-time students we applied the methods of the statistical analysis and
subsequently, we detect the areas where daily students are lagging behind. At
the end of the article, we summarize the causes of this phenomenon and propose
possible solutions to the current situation related to the development of
financial literacy. The monitored areas of this article serve as an output of a
forthcoming pilot project that focuses on identifying the preferences of
consumer attitudes, loans, savings, and investments of a select population of
the young generation.
Anahtar Kelimeler
financial literacy personality characteristics daily decision making practical learning outcomes
Kaynakça
- Ayers, Ch., A. (2012). Empowering All Students with a Secure Economic and Financial Future: Multidisciplinary Investment Education in Social Studies Curricula and Beyond. Journal of Consumer Education, 29, pp. 1 – 13. Banks, J. & Oldfield, Z. (2007). Understanding Pensions: Cognitive Functions, Numerical Ability and Retirement Saving. Fiscal Studies, 28 (2), pp. 143 – 170. doi:10.1111/j.1475-5890.2007.00052.x. Behrman, J. R., Mitchell, O. S., Soo, C. K. & Brava, D. (2012). How Financial Literacy Affects Household Wealth Accumulation. The American Economic Review, 102 (3), pp. 300 – 304. doi:10.1257/aer.102.3.300. Fornero, E. & Monticone, Ch., (2011). Financial literacy and pension plan participation in Italy. Journal of Pension Economics and Finance, 10 (4), pp. 547 – 564. doi:10.1017/S1474747211000473. Giesler, M., & Veresiu, E. (2014). Creating the Responsible Consumer: Moralistic Governance Regimes and Consumer Subjectivity. Journal of Consumer Research, 41 (3), pp.840 – 857. doi:10.1086/677842. Habschick, M., Seidl, B., & Evers, J. (2007). Survey of financial literacy schemes in the EU27. VT Markt/2006/26H-Final Report, Hamburg. Kim, J. (2001). Financial Knowledge and Subjective and Objective Financial Well‐being. Consumer Interests Annual, 47, pp.1 – 3. Kozubík, A., Kozubíková, Z. & Rybička, J. (2017). Financial Literacy of University Students – the Czech and Slovak Experience. New Trends and Issues Proceedings on Humanities and Social Sciences, 07, pp 41 – 51. doi:10.18844/prosoc.v4i3.2630. Kozubíková, Z. (2015). Financial Literacy as an Important Objective of the Education in Economics. In Proceedings of the Conference: Knowledge for market use 2015: women in business in the past and present, Olomouc: Societas Scientiarium Olomucensis II. pp. 429 – 439. ISBN: 978-80-87533-12-3. Lusardi, A. & Mitchell, O., S. (2007). Baby Boomer Retirement Security: The Role of Planning, Financial Literacy, and Housing Wealth. Journal of Monetary Economics, 54 (1), pp. 205 – 224. Lusardi, A., Mitchell, O. S. & Curto, V. (2010). Financial literacy among the young: Evidence and implications for consumer. Journal of Consumer Affairs, 44 (2), pp. 358 – 380. doi: 10.1111/j.1745-6606.2010.01173.x Lusardi, A., & Mitchell, O. S. (2011a). Financial Literacy and Planning: Implications for Retirement Wellbeing, In: Financial Literacy: Implications for Retirement Security and the Financial Marketplace, edited by Olivia S.Mitchel and Annamaria Lusardi, Oxford and New York, Oxford University Press, pp.17 – 39. ISBN: 978-019-96968-1-9. Lusardi, A., & Mitchell, O. S. (2011b). Financial literacy around the world: an overview. Journal of Pension Economics and Finance, 10 (4), pp. 497 – 508. doi:10.1017/S1474747211000448. Lusardi, A., Mitchell, O. S. & Curto, V.(2012). Financial Sophistication Among the Older Population. NBER Working Paper 15469. Cambridge, MA: National Bureau of Economic Research. Lusardi,A., Oggero,N. & Yakoboski,P.J. (2017). The TIAA Institute/GFLEC Personal Finance Index: A New Measure of Financial Literacy. TIAA Institute, New York. doi:10.13140/RG.2.2.13425.68962. Mandell, L. (2007). Financial literacy of high school students. In: J.J. Xiao (Ed.), Handbook of Consumer Finance Research, New York, NY: Springer, pp. 163 – 183. Mishkin, F. S. (2008). The importance of economic education and financial literacy. Speech at the Third National Summit on Economic and Financial Literacy, Washington, D.C. OECD & INFE (2011). Measuring Financial Literacy: Core Questionnaire in Measuring Financial Literacy: Questionnaire and Guidance Notes for conducting an Internationally Comparable Survey of Financial literacy. Paris: OECD. Polák, J.,Kozubíková, Z.,Kozubík, A. (2018) Financial Literacy of University Students and Effects of Practical Experience. In: Abstracts & Proceedings of SOCIOINT 2018 - 5th International Conference on Education, Social Sciences and Humanities, 2-4 July 2018- Dubai, UAE, pp.17 – 26.ISBN: 978-605-82433-3-0. Van Rooij, M. C. J., Lusardi, A. & Alessie, R. J. M. (2012). Financial Literacy, Retirement Planning and Household Wealth. The Economic Journal, 122 (560), pp, 449 – 478. doi:10.1111/j.1468-0297.2012.02501.x.
Ayrıntılar
| Birincil Dil | İngilizce |
|---|---|
| Bölüm | Makaleler |
| Yazarlar | |
| Yayımlanma Tarihi | 29 Nisan 2019 |
| Gönderilme Tarihi | 3 Kasım 2018 |
| Yayımlandığı Sayı | Yıl 2019 |
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