TY - JOUR
T1 - Financial literacy of high school students in the Netherlands: knowledge, attitudes, self-efficacy, and behavior
AU - Amagir, Aisa
AU - Groot, Wim
AU - Maassen van den Brink, Henriëtte
AU - Wilschut, Arie
PY - 2020/6
Y1 - 2020/6
N2 - We examined levels of financial literacy (knowledge, attitudes, self-efficacy, and self-reported behavior) among 15-year-old high school students in the Netherlands (N=2025), and investigated which factors are associated with the different financial literacy components. Our findings show lower levels of financial literacy among students in the lowest track in high school, students with low mathematical ability, immigrant students, students with low SES, students with mothers without a university degree, and students who do not discuss financial matters with family and peers. Notably, our findings show a large gap in financial knowledge levels between the lowest and highest high-school tracks in the Netherlands. These findings are useful for designing effective financial education and intervention programs, and for identifying groups that may benefit the most from financial education programs.
AB - We examined levels of financial literacy (knowledge, attitudes, self-efficacy, and self-reported behavior) among 15-year-old high school students in the Netherlands (N=2025), and investigated which factors are associated with the different financial literacy components. Our findings show lower levels of financial literacy among students in the lowest track in high school, students with low mathematical ability, immigrant students, students with low SES, students with mothers without a university degree, and students who do not discuss financial matters with family and peers. Notably, our findings show a large gap in financial knowledge levels between the lowest and highest high-school tracks in the Netherlands. These findings are useful for designing effective financial education and intervention programs, and for identifying groups that may benefit the most from financial education programs.
KW - Financial literacy
KW - Financial knowledge
KW - Attitudes towards money
KW - Financial behavior
KW - High-School students
KW - the Netherlands
U2 - 10.1016/j.iree.2020.100185
DO - 10.1016/j.iree.2020.100185
M3 - Article
VL - 34
SP - 1
EP - 15
JO - International Review of Economics Education
JF - International Review of Economics Education
M1 - 100185
ER -