The Role of Parents in Financial Literacy of Young People

• Autorzy: Beata Świecka
• Języki publikacji: EN

Abstrakty

EN

This article presents an overview of the financial literacy of the 15 years old students. The aim of the article is to present conceptualization of financial literacy and the results of own research on the financial literacy of young people in Poland on the background of secondary research. For the purposes of the article, was formulated a thesis: parents play a large role in increasing financial literacy of young people. Data obtained as part of the primary survey was carried out as part of a grant from the Polish-German Foundation for Science "Education and financial literacy in Germany and in Poland. Transfer of knowledge, analysis and recommendations" (No. 2017-03), implemented by the University of Szczecin (project leader), Society for Promotion of Financial Education in Gdynia and social science research institute GP Forschungsgruppe - Institut für Grundlagen und Programmforschung from Berlin. Own Survey they were done in the fourth quarter of 2017 on a nationwide representative sample of 2070 respondents, aged 15. The research was carried out using the PAPI method.(author's abstract)

Słowa kluczowe

EN

Young people; Financial education; Personal finance

PL

Ludzie młodzi; Edukacja finansowa; Finanse osobiste

• Czasopismo: European Journal of Service Management
• Rocznik: 2018
• Numer: vol. 27/1, 3/2018
• Strony: 313--320

Twórcy

autor

Beata Świecka

• University of Szczecin, Poland

Bibliografia

• Anagol, S, Cole, S, Sarkar, S. (2012). Understanding the incentives of commissions motivated agents: theory and evidence from the Indian life insurance market. Working Papers 12-055. Harvard Business School.
• Atkinson, A., Messy, F. (2011). Assessing financial literacy in 12 countries. An OECD pilot exercise. Netspar Discussion Paper 01/2011- 014, Network for Studies on Pension, Aging and Retirement. Paris.
• Atkinson, A. Messy, F. (2012). Measuring financial literacy. Results of the OECD/International Network on Financial Education (INFE) Pilot Study. OECD Working Papers on Finance, Insurance and Private Pensions, No. 15, OECD Publishing.
• European Union (2008). Improving consumer education and awareness on credit and finance. European Parliament resolution of 18 November 2008 on protecting the consumer: improving consumer education and awareness on credit and finance (2007/2288(INI), P6_TA(2008) 0539, Strasbourg.
• Financial education for youth. The role of schools (2014). Paris OECD, April.
• Financial education and financial literacy for youth in Germany and Poland. Transfer of knowledge, analysis, and recommendation (2018). Results of a primary survey from grant Science Polish-German Foundation (No. 2017-03), B. Świecka (head of grants), University of Szczecin.
• Hastings, J., Madrian, B., Skimmyhorn, W. (2012). Financial literacy, Financial education and economic outcomes. NBER Working Paper No. 18412 September.
• INFE (2015). National strategies for financial education. OECD/INFE Policy Handbook, OECD, November.
• Lusardi, A. (2015). Financial literacy skills for the 21st Century: Evidence from PISA. The Journal of Consumer Affairs, 3 (49).
• Lusardi, A. (2011). Survey of the States: economic and personal finance education in our nation's schools. Council Econ. Educ.
• Measuring financial literacy (2011). Core questionnaire in measuring financial Literacy. Questionnaire and Guidance Notes for conducting an Internationally comparable survey of financial literacy. OECD INFE, Paris
• OECD (2009). Framework for the development of financial literacy baseline surveys: A first international comparative analysis. OECD Working Papers on Finance, Insurance and Private Pensions, No. 1. Paris: OECD Publishing.
• PISA (2017). PISA 2015 Results. Students financial literacy (Volume IV). Programme for International Student Assessment, OECD Publishing.
• PISA (2014). PISA 2012 Results: Students and Money: Financial Literacy Skills for the 21st Century (Volume VI). Programme for International Student Assessment, OECD Publishing.
• INFE (2011). Measuring Financial Literacy. Core Questionnaire in Measuring Financial Literacy: Questionnaire and Guidance Notes for conducting an Internationally Comparable Survey of Financial Literacy. Paris: OECD.
• NFEC (2014). Financial literacy solutions. National Financial Educators Council. Retrieved from: http://www.financialeducatorscouncil. org/financial-literacy-definition.html
• OECD/INFE (2015). National strategies for financial education. OECD/INFE Policy Handbook. Paris: OECD.
• Xiao, J. (2016). Handbook of consumer finance research. Second Edition, Springer.

Identyfikatory

DOI

10.18276/ejsm.2018.27/1-40