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Financial literacy in Tunisia: Its determinants and its implications on investment behavior

Amari Mouna and Jarboui Anis

Research in International Business and Finance, 2017, vol. 39, issue PA, 568-577

Abstract: Given the dynamic changes in the economic environment, especially in financial markets, a need is felt to improve investors’ financial knowledge. Financial literacy entails informed financial decisions. The present study investigates the determinants of financial literacy and its impact on investment behavior. A questionnaire has been developed to elicit the study's variables and it is divided into three parts. The first part covers the demographic variables; the second deals with the financial behavior of the Tunisian households, and the third part is devoted to financial literacy.

Keywords: Financial literacy; Stockholding; Household; Tunisia (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:eee:riibaf:v:39:y:2017:i:pa:p:568-577