A comparative analysis of financial literacy levels and initiatives among students in five European countries

Marta Cannistrà, Tommaso Agasisti, Aisa Amagir, Kaire Poder, Oliver Holz, Lukas Vartiak, Kristof De Witte

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Given the expected advantages for individuals and societies, financial literacy is high on the policy agenda in many countries. This paper reports the results from a unique survey conducted on a sample of 13–16-year-old students in five European countries, aimed at measuring and comparing their level of financial literacy skills. The results indicate significant differences in the level of financial literacy across countries that are interpreted in the light of the differences in the countries’ educational policies and experiences with financial education. The findings suggest that supra-national coordinated action is needed to guarantee better financial knowledge and safeguard economic stability in future crises.
Original languageEnglish
Pages (from-to)246-280
JournalResearch in Comparative and International Education
Volume17
Issue number2
DOIs
Publication statusPublished - Jun 2022

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