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dc.contributor.authorWest, Tracey
dc.contributor.authorde Zwaan, Laura
dc.date.accessioned2021-02-01T04:20:06Z
dc.date.available2021-02-01T04:20:06Z
dc.date.issued2020
dc.identifier.urihttp://hdl.handle.net/10072/401600
dc.description.abstractIn recent decades lower levels of financial literacy of females relative to males has been well documented. Understanding the gender gap in financial literacy is an important research objective and is central to the development of interventions to narrow the gender gap, improve the economic and financial security of women and support other social and economic outcomes linked to financial literacy. This paper uses a survey of 420 Australian university students to examine the relationship between components of financial literacy and financial socialisation. Financial literacy is measured using responses to the ‘big three’ financial literacy questions and financial socialisation metrics include the responses to questions on self-assessed confidence with managing finances, the source of financial information, the frequency of money conversations and a set of personal characteristics, including gender. Canonical correlation analysis as well as inspection of the descriptive statistics show financial educators and policymakers that more attention needs to focus on teaching concepts of diversification and inflation. It also provides insight into evidence of gender differences in financial confidence, the source of financial information and the frequency of discussions about money matters in the home.
dc.description.sponsorshipGriffith University
dc.languageEnglish
dc.publisherAmerican Council on Consumer Interests (ACCI)
dc.publisher.urihttps://www.consumerinterests.org/events
dc.relation.ispartofconferencenameAmerican Council of Consumer Interests Conference
dc.relation.ispartofconferencetitleAmerican Council of Consumer Interests Conference
dc.relation.ispartofdatefrom2020-05-18
dc.relation.ispartofdateto2020-05-21
dc.relation.ispartoflocationOnline
dc.subject.fieldofresearchBanking, Finance and Investment
dc.subject.fieldofresearchcode1502
dc.subject.keywordsFinancial literacy
dc.titleFinancial Socialisation of Australian University Students: Differences in Gender
dc.typeConference output
dcterms.bibliographicCitationWest, T; de Zwaan, L, Financial Socialisation of Australian University Students: Differences in Gender, 2020
dc.date.updated2021-01-29T08:13:16Z
dc.description.versionVersion of Record (VoR)
gro.rights.copyright© 2020 American Council on Consumer Interests (ACCI). The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the conference's website for access to the definitive, published version.
gro.hasfulltextFull Text
gro.griffith.authorWest, Tracey
gro.griffith.authorde Zwaan, Laura D.


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    Contains papers delivered by Griffith authors at national and international conferences.

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