Financial education among university students in Italy: the state of the art

Elisa Bocchialini, Maria Adele Milioli, Lucia Poletti and Beatrice Ronchini
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Elisa Bocchialini: Università di Parma
Maria Adele Milioli: Università di Parma
Lucia Poletti: Università di Parma
Beatrice Ronchini: Università di Parma

BANCARIA, 2013, vol. 12, 30-48

Abstract: A sample of 1,087 Italian university students was surveyed to investigate their financial education and its determinants. Financial education of first-year and third-year business and non-business students was assessed using a 20-item test aimed at measuring both financial knowledge and financial wisdom. Results show that students’ financial knowledge is not high, although a kind of financial wisdom is widespread.We find that financial education is related to the choice of economic studies, gender (with male students performing better), and investment operations conducted in family. Paradoxically, students who feel less confident about their financial skills are less interested in financial education programs

JEL-codes: D14 D18 I21 I22 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ban:bancar:v:12:y:2013:m:december:p:30-48

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