logo-euiFlorence School of Banking & Finance

Lecture by Anna Maria Lusardi

When:
June 29, 2021 @ 1:00 pm – 2:00 pm Europe/Rome Timezone
2021-06-29T13:00:00+02:00
2021-06-29T14:00:00+02:00
Where:
Online
Cost:
Free
Contact:
FBF Secretariat
[+39] 055 4685739

Watch the recording of the event

Women in Finance series

GENDER DIFFERENCES IN FINANCIAL LITERACY

Lecture by Annamaria Lusardi, The George Washington University, CEPR, NBER and Netspar


In our second event of the series, Professor Annamaria Lusardi will present the results of her research on gender differences in financial literacy:
“Our data, collected over many years, show that women are less financially literate than men. It is unclear whether this gap reflects a lack of knowledge or, rather, a lack of confidence. We show that women tend to disproportionately respond “do not know” to questions measuring financial knowledge, but when this response option is unavailable, they often choose the correct answer. We estimate that about one-third of the financial literacy gender gap can be explained by women’s lower confidence levels. These estimates matter; both financial knowledge and confidence can be linked to stock market participation.”

For more information about Prof. Lusardi’s work, you can visit her webpage

Download the slides of the event

Speaker

Annamaria Lusardi is University Professor of Economics and Accountancy at the George Washington University School of Business (GWSB). Moreover, she is the founder and academic director of GWSB’s Global Financial Literacy Excellence Center. Previously, she was the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where she taught for twenty years.

    References:
    – T. Bucher-Koenen, R. Alessie, A. Lusardi, M. van Rooij, Fearless Woman: Financial Literacy and Stock Market Participation, Working Paper, Global Financial Literacy Excellence Center, March 2021: link
    – C. Barrett, P. Jenkins, Lack of confidence is impeding women’s financial literacy, study finds, Financial Times, March 2021: link
    – L. Bottazzi, A.Lusardi, Stereotypes in Financial Literacy: Evidence from PISA , NBER Working Paper No. 28065, November 2020: link

Chair

Elena Carletti is Professor of Finance at Bocconi University. She is also founding director of the Florence School of Banking and Finance Florence School of Banking and Finance at the European University Institute, is a member of Board of Directors of Unicredit SpA and a member of the Advisory Scientific Committee of the European Systemic Risk Board (ESRB).