Financial Literacy and Household Savings in Romania
We present new evidence from the Euro Survey of the Austrian Central Bank on the level of financial literacy in Romania and analyze how financial literacy is related to household savings. Less than 5% of respondents were able to correctly answer the three “core” financial literacy questions on inter...
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Format: | Article |
Language: | English |
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National Numeracy Network
2013-07-01
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Series: | Numeracy |
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Online Access: | http://scholarcommons.usf.edu/numeracy/vol6/iss2/art9/ |