Financial literacy undoubtedly plays an important role in decision making, but the associated mechanisms are complex and mediated by a variety of factors.
Financial Literacy
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April 2018
Financial knowledge has been shown to correlate strongly with financial outcomes. So what’s the state of the nation’s financial literacy?
February 2018
Procrastination keeps employees at the default contribution rate, but only in “opt-out” plans.
February 2018
Procrastination keeps employees at the default contribution rate, but only in “opt-out” plans.
February 2018
Highly educated people with relatively high expected lifetime earnings are often assumed to have greater financial acumen than the general population. But is this a safe assumption?
December 2017
Economists typically gauge the value of financial education by examining how it affects consumer behaviors. But the best financial choices for consumers depend on a mix of objective facts and subjective judgments – and one size rarely fits all.
October 2017
Using data from the first wave of the TIAA Institute-GFLEC Personal Finance Index, this report examines financial literacy among Hispanic adults in the United States.
June 2017
Financial communications can be complex, making misinterpretation likely. This study takes an in-depth look at how people process – and act upon – financial information.
June 2017
Financial communications can be complex, making misinterpretation likely. This study takes an in-depth look at how people process – and act upon – financial information.