Gender differences in financial literacy
June 29, 2021 @ 1:00 pm – 2:00 pm Europe/Rome Timezone
[+39] 055 4685739
Women in Finance series
GENDER DIFFERENCES IN FINANCIAL LITERACY
Lecture by Annamaria Lusardi, The George Washington University, CEPR, NBER and Netspar 29 June 2021 – 13:00 CEST
Register here to attend on Zoom* * Attending the event on Zoom will allow you to pose questions and interact with the speaker and moderator.
The Women in Finance series aims to highlight successful women across different areas of finance, public service, academia, and private sector. 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.”
SpeakerAnnamaria 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.
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