Izvorni znanstveni članak
https://doi.org/10.3935/rsp.v26i3.1541
What Determines Financial Literacy? In Search of Relevant Determinants
Nikola Erceg
; Filozofski fakultet Sveučilišta u Zagrebu
Zvonimir Galić
orcid.org/0000-0001-5710-0975
; Filozofski fakultet Sveučilišta u Zagrebu
Maja Vehovec
; Ekonomski Institut Zagreb
Sažetak
Considering the increasing complexity, as well as the increasing need for financial products, it appears that the adequate levels of financial literacy are necessary. The research of the determinants of financial literacy of citizens is scarce in Croatia. Therefore, through this research we wanted to examine the increasing number of financial constructs with regard to the existing previous research, as well as determine the importance of socio-demographic factors in explaining financial literacy. The research was conducted on the representative sample of the citizens of the Republic of Croatia (N=1049). The results have shown that socio-demographic variables represent a significant predictor of financial literacy, as well as its components, namely knowledge, attitudes and behaviour. The paper examines the importance of different socio-demographic characteristics and concludes that, although they are significant, socio-demographic variables are probably not the most important determinants of financial outcomes. Therefore a greater emphasis on additional, psychological characteristics as potential determinants of financial outcomes is recommended.
Ključne riječi
financial literacy; financial knowledge; financial attitude; financial behaviours
Hrčak ID:
231728
URI
Datum izdavanja:
20.12.2019.
Posjeta: 2.326 *