Financial literacy: Thai middle-class women do not lag behind

Publikation: Beitrag in FachzeitschriftArtikelForschungPeer-Review

Autoren

  • Antonia Grohmann
  • Olaf Hübler
  • Roy Kouwenberg
  • Lukas Menkhoff

Externe Organisationen

  • Aarhus University
  • Deutsches Institut für Wirtschaftsforschung e.V. (DIW Berlin)
  • Mahidol University
  • Humboldt-Universität zu Berlin (HU Berlin)
Forschungs-netzwerk anzeigen

Details

OriginalspracheEnglisch
Aufsatznummer100537
FachzeitschriftJournal of Behavioral and Experimental Finance
Jahrgang31
Frühes Online-Datum6 Juli 2021
PublikationsstatusVeröffentlicht - Sept. 2021

Abstract

This research studies the stylized fact of a “gender gap” in that women tend to have lower financial literacy than men. Our data which samples middle-class people from Bangkok does not show a gender gap for those with at least minimum wage earnings. This result is not explained by men's low financial literacy, nor by women's high income and good education. Rather, country characteristics may influence finance-specific gender equality, such as Thailand's small gender gaps in pupils’ mathematics abilities and secondary school enrollment, and women's strong role in financial affairs. This may indicate ways to reduce the gender gap in financial literacy elsewhere.

Zitieren

Financial literacy: Thai middle-class women do not lag behind. / Grohmann, Antonia; Hübler, Olaf; Kouwenberg, Roy et al.
in: Journal of Behavioral and Experimental Finance, Jahrgang 31, 100537, 09.2021.

Publikation: Beitrag in FachzeitschriftArtikelForschungPeer-Review

Grohmann, A, Hübler, O, Kouwenberg, R & Menkhoff, L 2021, 'Financial literacy: Thai middle-class women do not lag behind', Journal of Behavioral and Experimental Finance, Jg. 31, 100537. https://doi.org/10.1016/j.jbef.2021.100537
Grohmann, A., Hübler, O., Kouwenberg, R., & Menkhoff, L. (2021). Financial literacy: Thai middle-class women do not lag behind. Journal of Behavioral and Experimental Finance, 31, Artikel 100537. https://doi.org/10.1016/j.jbef.2021.100537
Grohmann A, Hübler O, Kouwenberg R, Menkhoff L. Financial literacy: Thai middle-class women do not lag behind. Journal of Behavioral and Experimental Finance. 2021 Sep;31:100537. Epub 2021 Jul 6. doi: 10.1016/j.jbef.2021.100537
Grohmann, Antonia ; Hübler, Olaf ; Kouwenberg, Roy et al. / Financial literacy : Thai middle-class women do not lag behind. in: Journal of Behavioral and Experimental Finance. 2021 ; Jahrgang 31.
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N1 - Funding Information: We would like to thank for helpful comments participants at several workshops and at the German Economic Association Annual Meeting in Hamburg, in particular Tabea Bucher-Koenen, Martin Brown, Marcela Ibanez-Diaz, Lena Jaroczek, Stephan Klasen, Kristina Schluessler, David Schröder, two anonymous referees and the editor. Financial support by the German Research Foundation (DFG, grant RTG 1723 ) is gratefully acknowledged.

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AB - This research studies the stylized fact of a “gender gap” in that women tend to have lower financial literacy than men. Our data which samples middle-class people from Bangkok does not show a gender gap for those with at least minimum wage earnings. This result is not explained by men's low financial literacy, nor by women's high income and good education. Rather, country characteristics may influence finance-specific gender equality, such as Thailand's small gender gaps in pupils’ mathematics abilities and secondary school enrollment, and women's strong role in financial affairs. This may indicate ways to reduce the gender gap in financial literacy elsewhere.

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