EconPapers    
Economics at your fingertips  
 

Éducation financière et comportements patrimoniaux: mauvaise éducation et zéro de conduite ?

Luc Arrondel ()

Revue d'économie financière, 2017, vol. N° 127, issue 3, 253-270

Abstract: Financial Literacy is a specific component of human capital which allows individual to deal with fundamental financial issues so as to take adequate financial decisions. After presenting the theoretical foundations of this notion, establishing its definition and reviewing the empirical literature, this paper presents recent studies about the link between financial literacy and financial decisions of the population in France using an original survey. The results suggest that financial literacy varies across the population. It is correlated with education but also with gender, age and political affiliation. This last point could reflect differences in opinion regarding the role of welfare state and individual responsibility. Finally, the link between financial literacy and some financial behaviors (the propensity to formulate a specific financial plan in the long run on the one hand and the propensity to own stocks on the other hand) is evaluated: in both cases positive correlations with financial literacy variables are found. We conclude with a reflection on the relative status of financial education to explain the investments of households and judge the effectiveness of training programs in the economic culture. Classification JEL: A20, D14, G40.

JEL-codes: A20 D14 G40 (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_127_0253 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2017-3-page-253.htm (text/html)
restricted

Related works:
Working Paper: Éducation financière et comportements patrimoniaux: mauvaise éducation et zéro de conduite ? (2017)
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:cai:refaef:ecofi_127_0253

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().

 
Page updated 2019-04-06
Handle: RePEc:cai:refaef:ecofi_127_0253