Tzora, V. A., Philippas, N. D. and Panos, G. A. (2023) The financial capability of 15-year-olds in Greece. Economics Letters, 225, 111044. (doi: 10.1016/j.econlet.2023.111044)
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Abstract
We conduct the first nationally representative measurement of the financial capability of 15-year-old students in Greece. We find discrepancies between the core, the islands, and the periphery of the country. Female students score lower in terms of all knowledge, behaviour, and attitudes. Students in experimental schools, the better performing ones, and those with more educated parents are more financially capable, reflecting the absence of a dedicated personal-finance curriculum. Awareness of household finances is positively related to financial capability. Local economic conditions matter, with students in regions affected more by the economic crisis of 2008–2016 exhibiting lower financial capability.
| Item Type: | Articles |
|---|---|
| Status: | Published |
| Refereed: | Yes |
| Glasgow Author(s) Enlighten ID: | Panos, Professor Georgios |
| Authors: | Tzora, V. A., Philippas, N. D., and Panos, G. A. |
| College/School: | College of Social Sciences > Adam Smith Business School > Accounting and Finance |
| Journal Name: | Economics Letters |
| Publisher: | Elsevier |
| ISSN: | 0165-1765 |
| ISSN (Online): | 1873-7374 |
| Published Online: | 23 February 2023 |
| Copyright Holders: | Copyright © 2023 The Authors |
| First Published: | First published in Economics Letters 225: 111044 |
| Publisher Policy: | Reproduced under a Creative Commons License |
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