2021 JUN 09 (NewsRx) — By a
Funders for this research include
The news correspondents obtained a quote from the research from the
According to the news reporters, the research concluded: “We further show that a one-unit higher financial literacy score is associated with a greater propensity to timely pay off credit card balances (1.5 ppts), to hold stock (8.3 ppts), and to follow an age-appropriate investment glide path (1.7 ppts).”
This research has been peer-reviewed.
For more information on this research see: Financial Literacy and Financial Decision-making At Older Ages.
Our news journalists report that additional information may be obtained by contacting
The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.pacfin.2020.101481. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.
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