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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Bibliographic Details
Main Author: Elisabeth Beckmann
Format: Article
Language:English
Published: National Numeracy Network 2013-07-01
Series:Numeracy
Subjects:
Online Access:http://scholarcommons.usf.edu/numeracy/vol6/iss2/art9/