Does Financial Literacy Affect Household Financial Behavior? The Role of Limited Attention

Does Financial Literacy Affect Household Financial Behavior? The Role of Limited Attention

Financial literacy is essential for every individual concerned with public welfare and household portfolio choices. In this study, we investigate the impact of household financial literacy on individuals’ financial behavior using the China Household Financial Survey Data (CHFS) of 2015 and 2017. The...

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Bibliographic Details
Main Authors: Shulin Xu, Zhen Yang, Syed Tauseef Ali, Yunfeng Li, Jingwen Cui
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-06-01
Series:Frontiers in Psychology
Subjects:
financial literacy
limited attention
financial behavior
mechanism analysis
financial information
Online Access:https://www.frontiersin.org/articles/10.3389/fpsyg.2022.906153/full

Internet

https://www.frontiersin.org/articles/10.3389/fpsyg.2022.906153/full

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