Financial literacy of high school students in the Netherlands: knowledge, attitudes, self-efficacy, and behavior

Aisa Amagir, Wim Groot, Henriëtte Maassen van den Brink and Arie Wilschut

International Review of Economics Education, 2020, vol. 34, issue C

Abstract: We examined levels of financial literacy (knowledge, attitudes, self-efficacy, and self-reported behavior) among 15-year-old high school students in the Netherlands (N = 2025), and investigated which factors are associated with the different financial literacy components. Our findings show lower levels of financial literacy among students in the lowest track in high school, students with low mathematical ability, immigrant students, students with low SES, students with mothers without a university degree, and students who do not discuss financial matters with family and peers. Notably, our findings show a large gap in financial knowledge levels between the lowest and highest high-school tracks in the Netherlands. These findings are useful for designing effective financial education and intervention programs, and for identifying groups that may benefit the most from financial education programs.

Keywords: Financial literacy; Financial knowledge; Attitudes towards money; Financial behavior; High-School students; the Netherlands (search for similar items in EconPapers)
JEL-codes: D14 D91 G53 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1477388020300128
Full text for ScienceDirect subscribers only

Related works:
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:ireced:v:34:y:2020:i:c:s1477388020300128

DOI: 10.1016/j.iree.2020.100185

Access Statistics for this article

International Review of Economics Education is currently edited by Guest, Ross

More articles in International Review of Economics Education from Elsevier
Bibliographic data for series maintained by Catherine Liu ().