Search results for " financial literacy"
showing 6 items of 6 documents
PROBLEM ITEMS OF FINANCIAL LITERACY ASSESMENT FOR STUDENTS IN LATVIA
2020
Considering the financial situation in Latvia it is very important not only to realize how effectively students could deal with situations relating to financial issues, but to understand what kind of PISA Financial items exactly bring difficulties. It is necessary to realize how to improve students’ financial literacy. The main of the research is to find out what kind of PISA 2018 financial items are difficult for students and which students’ answers are marked as incorrect. To reach the aim the methods of content analysis. The research data show that students are very good at dealing with tasks similar to their everyday situations and requiring mathematical skills. In their turn, tasks rel…
Latvijas patērētāju finanšu lietpratība mājokļu kredītu tirgū mārketinga kontekstā
2014
Promocijas darbs sastāv no ievada, trim nodaļām, secinājumiem un priekšlikumiem, izmantotās literatūras un informācijas avotu saraksta, pielikumiem. Promocijas darba mērķis ir novērtēt patērētāju finanšu lietpratību mājokļu kredītu tirgū un piedāvāt vienotu modeli finanšu lietpratības līmeņa paaugstināšanai sociālā un komercbanku mārketinga kontekstā. Pirmajā nodaļā analizēti patērētāju finanšu lietpratības teorētiskie aspekti, tostarp tās veidošanas process un vadīšanas iespējas. Nodaļā ir atklāta mārketinga nozīme finanšu lietpratības vadīšanā un piedāvāts transteorētiskais modelis patērētāju finanšu lietpratības paaugstināšanai. Otrajā nodaļā pētīta patērētāju finanšu lietpratības vadīša…
Financial literacy in the digital age : A research agenda
2023
Digital innovations are transforming financial services and resulting changes in consumer behavior and personal money management. Diffusion of pervasive digital technologies offers individuals quick and easy access to various digital services bringing opportunities and challenges into their personal money management. The study aimed to explore how digitalization affects individuals’ financial literacy and financial capability. As a result, we identified three main themes in the intersection of finance and digitalization: Fintech, Financial behavior in digital environments, and Behavioral interventions. We propose directions for measuring digital financial literacy, updates to the financial …
Household Budget Management and Financial Behaviour of the Italian Family in Times of Crisis*
2023
Why are Italians at the bottom of international rankings on financial literacy? Why do they fail to make speculative financial choices and have a marked aptitude for precautionary saving? Using a Weberian perspective on household “budget management” [haushalt] and analysing the results of recent research (e.g. OECD, CONSOB and Bank of Italy), the authors argue that there are always “good reasons” and thus specific rationality that encourages people to save and reject financial speculation. This economic choice emanates from cognitive bias, financial socialisation, financial literacy, and environmental conditions. The hypothesis is that Italian households demonstrate a weaker attitude toward…
Backing out of private pension provision - Lessons from Germany
2012
Financing pensions in the EU is a challenge. Many EU countries introduced private pension schemes to compensate declining public pension levels due to reforms made necessary by demographic change. In 2001, Germany introduced the Riester pension. Ten years after introduction the prevalence rate of this voluntary private pension scheme approximates 37 %. However, numerous criticisms raise doubts that the market for Riester products is transparent. Using the 2010 German SAVE survey, this article investigates terminated and dormant Riester contracts on a household level for the first time. Respectively 14.5 and 12.5 % of households who own or have owned a Riester contract terminated or set dorm…
The Role of Marketing Tools in the Improvement of Consumers Financial Literacy
2015
Abstract The aim of the paper is to explore the contribution of different types of marketing communication in consumer financial literacy formation from a three component perspective. As a method a survey among the target audience of home loans was used. The authors have focused on consumer financial knowledge, financial behaviour and financial attitude that constitute financial literacy in home loan market. As a result of empirical analysis the authors have found that the biggest contribution to formation of consumers financial literacy (within all three components) have educational web sites of government authorities, official web sites of banks, consultations with bank specialists, schoo…