The Financial Capability of the Youth in Greece

Vasiliki A. Tzora, Nikolaos D. Philippas and Georgios A. Panos

Working Papers from Business School - Economics, University of Glasgow

Abstract: We conduct the first nationally representative measurement of the financial capability of 15year-old students in Greece. We find discrepancies between the core, the islands, and the periphery of the country. Female students score lower in terms of all knowledge, behaviour, and attitudes. Students in experimental schools, the better performing ones, and those with more educated parents are more financially capable, reflecting the absence of a dedicated personal-finance curriculum. Awareness of household finances is positively related to financial capability. Local economic conditions matter, with students in regions affected more by the crisis exhibiting lower financial capability.

Keywords: Financial capability; Students; Greece; Local environment (search for similar items in EconPapers)
JEL-codes: A20 D14 G53 I21 (search for similar items in EconPapers)
Date: 2022-12
New Economics Papers: this item is included in nep-ban and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:gla:glaewp:2022_16

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