Financial Literacy

Name: Financial Literacy
Brand: Oxford University Press
SKU: 9780199696819
Price: 2418 CZK
Availability: InStock

Implications for Retirement Security and the Financial Marketplace

Autor: Olivia S. Mitchell, Annamaria Lusardi

Jazyk:

Vazba: Pevná

Vydavatel: Oxford University Press

Dostupnost: Skladem u dodavatele

Odesíláme za 10-18 dnů

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As financial markets grow ever more complex and integrated, households must make increasingly sophis...

Informace o knize

Autor

Olivia S. Mitchell, Annamaria Lusardi

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

2011

Stránek

328

EAN

9780199696819

ISBN

0199696810

Enbook ID

04535037

Vydavatel

Oxford University Press

Hmotnost

606

Rozměry

239 x 164 x 22

Kompletní popis

As financial markets grow ever more complex and integrated, households must make increasingly sophisticated and all-too-often irreversible economic decisions. This is particularly evident in retirement decision-making. Traditional defined benefit pension schemes are being replaced with defined contribution pensions; employer and government judgment regarding how much to save and where to invest has been replaced by employees having to make these choices on their own (sometimes assisted by advisers); and retirees have become responsible for managing their own pension assets. This volume explores how financial literacy can enhance peoples' ability to make informed economic choices. It proposes that financial literacy determines how well people make and execute saving, investing, borrowing, and planning decisions. It examines causality using controlled settings to disentangle whether financial literacy causes saving or vice versa, and demonstrates that financial education programs do indeed enhance financial decision-making and asset accumulation.

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Financial Literacy

Implications for Retirement Security and the Financial Marketplace

Informace o knize

Kompletní popis

Mohlo by vás zajímat

Zákaznicí kteří koupili tuto knihu koupili také