MEA research news - financial literacy

Please find here summaries and articles about MEA research on financial literacy:

Why women know too little about financial topics – and what has to change

Interview with MEA's Dr. Tabea Bucher-Koenen in German magazine "Brigitte"
Dr. Tabea Bucher-Koenen of MEA has developed a three-item-test that helps to examine the financial know-how of women in Germany and in international comparison. In this test, female and male respondents were asked to answer questions about interests, the interaction of interests and inflation as well as risks in asset-management. On average, women performed worse in this test than men, irrespective of age, thus creating a knowledge gap between women and men.
more

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.
more

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.
more

News

New MEA Discussion Paper

"Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk"

[more] »

New MEA Discussion Paper

"Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs"

[more] »

New MEA Discussion Paper

"Does Disability Insurance Improve Health and Well-Being?"

[more] »

Call for Papers: US-European workshop on “Ageing and Health”

Submit your abstracts or full papers until February 5, 2018.

[more] »

New MEA Discussion Paper

The Nativity Wealth Gap in Europe - A Matching Approach

[more] »

News & Events

Econometrics in the Castle: "Machine Learning in Economics and Econometrics"

The workshop will be organized by the Max Planck Society and the University of Hamburg on May...

[more] »

30.08.2017: MEA Seminar - Economics of Aging

Gregor Sand: "The Impact of Large-Scale Immigration on the Well-Being of Natives 50+ in Europe"

[more] »