Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?

According to gender personality traits, women are more interested in people, whereas men are more interested in things. The goal of this research is to see if there is a gender gap in financial literacy and if these disparities can be explained by different areas of interest. A convenience sample of...

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Main Authors: Sigurdur Gudjonsson, Inga Minelgaite, Kari Kristinsson, Sigrún Pálsdóttir
Format: Article
Language:English
Published: MDPI AG 2022-11-01
Series:Administrative Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3387/12/4/179
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author Sigurdur Gudjonsson
Inga Minelgaite
Kari Kristinsson
Sigrún Pálsdóttir
author_facet Sigurdur Gudjonsson
Inga Minelgaite
Kari Kristinsson
Sigrún Pálsdóttir
author_sort Sigurdur Gudjonsson
collection DOAJ
description According to gender personality traits, women are more interested in people, whereas men are more interested in things. The goal of this research is to see if there is a gender gap in financial literacy and if these disparities can be explained by different areas of interest. A convenience sample of nearly a thousand responses was received in quantitative research. The findings clearly show that women have lower financial literacy than men, but there is no indication that this is due to men and women’s differing interests in people and things.
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spelling doaj.art-c3b63728bc5c48848d667c55eea0e1a52023-11-24T12:36:41ZengMDPI AGAdministrative Sciences2076-33872022-11-0112417910.3390/admsci12040179Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?Sigurdur Gudjonsson0Inga Minelgaite1Kari Kristinsson2Sigrún Pálsdóttir3School of Business, University of Iceland, 102 Reykjavik, IcelandSchool of Business, University of Iceland, 102 Reykjavik, IcelandSchool of Business, University of Iceland, 102 Reykjavik, IcelandSchool of Business, University of Iceland, 102 Reykjavik, IcelandAccording to gender personality traits, women are more interested in people, whereas men are more interested in things. The goal of this research is to see if there is a gender gap in financial literacy and if these disparities can be explained by different areas of interest. A convenience sample of nearly a thousand responses was received in quantitative research. The findings clearly show that women have lower financial literacy than men, but there is no indication that this is due to men and women’s differing interests in people and things.https://www.mdpi.com/2076-3387/12/4/179financial literacypersonality traitsgender differences
spellingShingle Sigurdur Gudjonsson
Inga Minelgaite
Kari Kristinsson
Sigrún Pálsdóttir
Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?
Administrative Sciences
financial literacy
personality traits
gender differences
title Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?
title_full Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?
title_fullStr Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?
title_full_unstemmed Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?
title_short Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?
title_sort financial literacy and gender differences women choose people while men choose things
topic financial literacy
personality traits
gender differences
url https://www.mdpi.com/2076-3387/12/4/179
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