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A Comparative Analysis of Financial Literacy Levels and Initiatives among Students in Five European Countries

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Title: A Comparative Analysis of Financial Literacy Levels and Initiatives among Students in Five European Countries
Language: English
Authors: Cannistrà, Marta (ORCID 0000-0001-7631-7790), Agasisti, Tommaso, Amagir, Aisa, Poder, Kaire (ORCID 0000-0001-6578-4852), Holz, Oliver, Vartiak, Lukas (ORCID 0000-0002-9735-5945), De Witte, Kristof
Source: Research in Comparative and International Education. Jun 2022 17(2):246-280.
Availability: SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: http://sagepub.com
Peer Reviewed: Y
Page Count: 35
Publication Date: 2022
Document Type: Journal Articles
Reports - Research
Education Level: Secondary Education
Descriptors: Comparative Education, Money Management, Cross Cultural Studies, Secondary School Students, Student Attitudes, Educational Policy, Educational Experience, Economic Climate, Futures (of Society), Knowledge Level, Measurement, Achievement Tests, Foreign Countries, International Assessment, Gender Differences, Socioeconomic Status, Immigrants, Scores, Student Characteristics, Economics Education
Geographic Terms: Netherlands, Estonia, Italy, Belgium, Slovakia
Assessment and Survey Identifiers: Program for International Student Assessment
DOI: 10.1177/17454999211066183
ISSN: 1745-4999
Abstract: Given the expected advantages for individuals and societies, financial literacy is high on the policy agenda in many countries. This paper reports the results from a unique survey conducted on a sample of 13-16-year-old students in five European countries, aimed at measuring and comparing their level of financial literacy skills. The results indicate significant differences in the level of financial literacy across countries that are interpreted in the light of the differences in the countries' educational policies and experiences with financial education. The findings suggest that supra-national coordinated action is needed to guarantee better financial knowledge and safeguard economic stability in future crises.
Abstractor: As Provided
Entry Date: 2022
Accession Number: EJ1339629
Database: ERIC
FullText Text:
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  Data: A Comparative Analysis of Financial Literacy Levels and Initiatives among Students in Five European Countries
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  Data: <searchLink fieldCode="AR" term="%22Cannistrà%2C+Marta%22">Cannistrà, Marta</searchLink> (ORCID <externalLink term="https://orcid.org/0000-0001-7631-7790">0000-0001-7631-7790</externalLink>)<br /><searchLink fieldCode="AR" term="%22Agasisti%2C+Tommaso%22">Agasisti, Tommaso</searchLink><br /><searchLink fieldCode="AR" term="%22Amagir%2C+Aisa%22">Amagir, Aisa</searchLink><br /><searchLink fieldCode="AR" term="%22Poder%2C+Kaire%22">Poder, Kaire</searchLink> (ORCID <externalLink term="https://orcid.org/0000-0001-6578-4852">0000-0001-6578-4852</externalLink>)<br /><searchLink fieldCode="AR" term="%22Holz%2C+Oliver%22">Holz, Oliver</searchLink><br /><searchLink fieldCode="AR" term="%22Vartiak%2C+Lukas%22">Vartiak, Lukas</searchLink> (ORCID <externalLink term="https://orcid.org/0000-0002-9735-5945">0000-0002-9735-5945</externalLink>)<br /><searchLink fieldCode="AR" term="%22De+Witte%2C+Kristof%22">De Witte, Kristof</searchLink>
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  Data: <searchLink fieldCode="SO" term="%22Research+in+Comparative+and+International+Education%22"><i>Research in Comparative and International Education</i></searchLink>. Jun 2022 17(2):246-280.
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  Data: SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: http://sagepub.com
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  Data: 35
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  Data: <searchLink fieldCode="DE" term="%22Netherlands%22">Netherlands</searchLink><br /><searchLink fieldCode="DE" term="%22Estonia%22">Estonia</searchLink><br /><searchLink fieldCode="DE" term="%22Italy%22">Italy</searchLink><br /><searchLink fieldCode="DE" term="%22Belgium%22">Belgium</searchLink><br /><searchLink fieldCode="DE" term="%22Slovakia%22">Slovakia</searchLink>
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  Data: 10.1177/17454999211066183
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  Data: 1745-4999
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  Label: Abstract
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  Data: Given the expected advantages for individuals and societies, financial literacy is high on the policy agenda in many countries. This paper reports the results from a unique survey conducted on a sample of 13-16-year-old students in five European countries, aimed at measuring and comparing their level of financial literacy skills. The results indicate significant differences in the level of financial literacy across countries that are interpreted in the light of the differences in the countries' educational policies and experiences with financial education. The findings suggest that supra-national coordinated action is needed to guarantee better financial knowledge and safeguard economic stability in future crises.
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        Value: 10.1177/17454999211066183
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      – SubjectFull: Money Management
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      – SubjectFull: Cross Cultural Studies
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