MEA research news - financial literacy
Please find here summaries and articles about MEA research on financial literacy:
Who Lost the Most? Financial Literacy, Cognitive Abilities and the Financial Crisis
Mannheim, 2011. The recent ﬁnancial downturn and economic crisis provided a major challenge for ﬁnancial institutions, politicians, and companies around the world. In this context, it is of major importance to analyse how private households were affected by the crisis, how they reacted to such a shock and what the long-term consequences will be. One central question is whether households with higher financial literacy were better at protecting themselves from the effects of the financial and economic crisis.
Financial literacy and private old-age provision
Mannheim, 2009. Private old-age provision is growing increasingly important in times of demographic change and mounting strains on the public pension system. For many individuals in Germany the “need” to save for old-age in addition to the state pension is new and households seem to face difficulties saving for old age due to the high complexity and the large variety of old-age savings contracts. Therefore, it is important to evaluate who saves and who does not and whether this decision is related to financial knowledge of individuals.
Discussion Papers about financial literarcy
- DP No. 01-2015 Do Seemingly Smarter Consumers Get Better Advice?
- DP No. 19-2014: How financially literate are women? An overview and new insights
- DP No. 234-11: Who Lost the Most? Financial Literacy, Cognitive Abilities and the Financial Crisis
- DP No. 192-0: Financial Literacy and Private Old-age Provision in Germany
The Baltic Sea States Project
New joint project started (MPISOC/MPIDR/Population Europe)
SHARE press release - Mutual Learning: Joint pan-European research improves the understanding of ageing societies
Extension of SHARE study allows for EU-wide country-comparisons
The development of the pension gap and German households’ saving behavior
New MEA Discussion Paper published
Nobel Memorial Prize in Economic Sciences to Angus Deaton
Angus Deaton was honored with the Sveriges Riksbank prize in economic sciences in memory of Alfred...
Educational opportunities are more dependent on social background than ethnicity
Newly published anthology provides an overview of ethnic inequalities in education and training