Digital and financial literacy as determinants of digital payments and personal finance

Anna Lo Prete

Economics Letters, 2022, vol. 213, issue C

Abstract: This work documents that, across countries, the use of digital payment tools and platforms is associated to higher digital literacy, at all levels of financial literacy. More informed personal finance choices, instead, are associated to higher financial literacy, at all levels of digital literacy. The results from this descriptive analysis suggest that digital and financial literacy should be considered together when assessing the implication of digitalization for individual investors who can access digital financial products and markets in the absence of financial literacy.

Keywords: Digitalization; Digital literacy; Financial literacy; Digital payments; Personal finance (search for similar items in EconPapers)
JEL-codes: E42 G11 G51 G53 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176522000581
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Digital and Financial Literacy as Determinants of Digital Payments and Personal Finance (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:213:y:2022:i:c:s0165176522000581

DOI: 10.1016/j.econlet.2022.110378

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().