The importance of the comparative benchmark for measuring composite financial literacy with survey data

HIGHLIGHTS

• who: ufeffFangufeff ufeffLiuufeff et al. from the Central South University, China have published the article: The importance of the comparative benchmark for measuring composite financial literacy with survey data, in the Journal: (JOURNAL) of 07/Dec/2022
• what: The authors investigate the impacts of CFL measured by the two methods on households` stock market participation with Probit model.

SUMMARY

Many studies have proved Frontiers in Psychology frontiersin.org 10.3389/fpsyg.2022.1025555 that this is evident for many countries (Bucher-Koenen and Lusardi, 2011; Agnew et_al, 2012; Arrondel et_al, 2013 . . .

 



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