Fuhrmann, Bettina, Silgoner, Maria. 2017. Gender Differences in Financial Knowledge, Attitudes and Behavior. Jahrestagung 2017 des Vereins für Socialpolitik "Alternative Geld- und Finanzarchitekturen" Wien, Österreich, 03.09.-06.09.
BibTeX
Abstract
Studies have repeatedly shown that women answer less financial knowledge questions correctly than men. Hence, they are often identified to be a financially ‘vulnerable’ group who needs more attention in financial education. This paper explores if this holds true for the Austrian population. A survey among 2,000 respondents reveals that Austrian men outperform women in terms of knowledge, even if we control for different socio-demographic characteristics and response behavior. However, according to their self-assessment women seem to be less prone to spending money instead of saving it, are more risk averse and watch their financial status more closely. A regression analysis reveals that while knowledge, attitudes and behavior are relevant for explaining financial well-being, gender clearly is not.
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Status of publication | Published |
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Affiliation | WU |
Type of publication | Poster presented at an academic conference or symposium |
Language | English |
Title | Gender Differences in Financial Knowledge, Attitudes and Behavior |
Event | Jahrestagung 2017 des Vereins für Socialpolitik "Alternative Geld- und Finanzarchitekturen" |
Date | 03.09.-06.09. |
Location | Wien |
Country | Austria |
Year | 2017 |
Associations
- People
- Fuhrmann, Bettina (Details)
- External
- Silgoner, Maria (Oesterreichische Nationalbank, Austria)
- Organization
- Institute for Business Education IN (Details)
- Competence Center for Empirical Research Methods WE (Details)
- Research areas (ÖSTAT Classification 'Statistik Austria')
- 5348 Business education (Details)
- 5405 Empirical social research (Details)
- 5807 Didactics (Details)
- 5816 Education science (Details)
- 5963 Evaluation research (Details)