Know more, spend more? the impact of financial literacy on household consumption

HIGHLIGHTS

  • who: Milena Dinkova from the Utrecht University, Utrecht, The Netherlands have published the article: Know More, Spend More? The Impact of Financial Literacy on Household Consumption, in the Journal: (JOURNAL)
  • what: The authors examine very young workers who are more likely to be financially constrained simultaneously with individuals of older age with fixed income and face no income uncertainty.
  • how: The estimation results of this sensitivity analysis are presented in Table 10.
  • future: The authors would like to share some directions for future research.

SUMMARY

    The latter . . .

     

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