Household financial literacy: A literature analysis and review

With the continuous improvement of the financial market system and the increasing abundance of financial services, household financial literacy is increasingly important for optimizing household financial behavioral decisions and enhancing household financial well-being. In order to grasp the resear...

Full description

Bibliographic Details
Main Authors: LinXi Shi, Thien Sang Lim
Format: Proceedings
Language:English
English
Published: Atlantis press 2023
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/38402/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/38402/2/FULL%20TEXT.pdf
_version_ 1796912082613960704
author LinXi Shi
Thien Sang Lim
author_facet LinXi Shi
Thien Sang Lim
author_sort LinXi Shi
collection UMS
description With the continuous improvement of the financial market system and the increasing abundance of financial services, household financial literacy is increasingly important for optimizing household financial behavioral decisions and enhancing household financial well-being. In order to grasp the research progress and main content of household financial literacy, using 1,144 documents included in the "Web of Science" database from 2003 to the present (up to June 30, 2023) as the basis and CiteSpace software as the data analysis and processing tool, this study demonstrated the research field of household financial literacy through the keyword co-occurrence map and keyword clustering map of the Main topics. On the basis of further combing related literature, the study clarified the concepts, measurement methods, and influencing factors of financial literacy, as well as the role of financial literacy in influencing the financial decision-making behaviors of households in areas such as investment, credit, and entrepreneurship. Finally, it summarized and looked forward to the development of household financial literacy research.
first_indexed 2024-03-06T03:28:11Z
format Proceedings
id ums.eprints-38402
institution Universiti Malaysia Sabah
language English
English
last_indexed 2024-03-06T03:28:11Z
publishDate 2023
publisher Atlantis press
record_format dspace
spelling ums.eprints-384022024-02-29T02:28:24Z https://eprints.ums.edu.my/id/eprint/38402/ Household financial literacy: A literature analysis and review LinXi Shi Thien Sang Lim HJ8001-8899 Public debts QA150-272.5 Algebra With the continuous improvement of the financial market system and the increasing abundance of financial services, household financial literacy is increasingly important for optimizing household financial behavioral decisions and enhancing household financial well-being. In order to grasp the research progress and main content of household financial literacy, using 1,144 documents included in the "Web of Science" database from 2003 to the present (up to June 30, 2023) as the basis and CiteSpace software as the data analysis and processing tool, this study demonstrated the research field of household financial literacy through the keyword co-occurrence map and keyword clustering map of the Main topics. On the basis of further combing related literature, the study clarified the concepts, measurement methods, and influencing factors of financial literacy, as well as the role of financial literacy in influencing the financial decision-making behaviors of households in areas such as investment, credit, and entrepreneurship. Finally, it summarized and looked forward to the development of household financial literacy research. Atlantis press 2023 Proceedings NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/38402/1/ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/38402/2/FULL%20TEXT.pdf LinXi Shi and Thien Sang Lim (2023) Household financial literacy: A literature analysis and review. https://www.atlantis-press.com/proceedings/icifde-23/125993198
spellingShingle HJ8001-8899 Public debts
QA150-272.5 Algebra
LinXi Shi
Thien Sang Lim
Household financial literacy: A literature analysis and review
title Household financial literacy: A literature analysis and review
title_full Household financial literacy: A literature analysis and review
title_fullStr Household financial literacy: A literature analysis and review
title_full_unstemmed Household financial literacy: A literature analysis and review
title_short Household financial literacy: A literature analysis and review
title_sort household financial literacy a literature analysis and review
topic HJ8001-8899 Public debts
QA150-272.5 Algebra
url https://eprints.ums.edu.my/id/eprint/38402/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/38402/2/FULL%20TEXT.pdf
work_keys_str_mv AT linxishi householdfinancialliteracyaliteratureanalysisandreview
AT thiensanglim householdfinancialliteracyaliteratureanalysisandreview