Object's details: THE DETERMINANTS OF THE LEVEL OF FINANCIAL LITERACY IN TURKEY

Provider:Akademicka Platforma Czasopism

Description

Title:
THE DETERMINANTS OF THE LEVEL OF FINANCIAL LITERACY IN TURKEY
Creator:
Düzakın, Hatice;
Yılmaz, Süreyya
Description:
The main objective of this study was to explain individuals’ financial literacy levels through socioeconomic and demographic variables. A random sample of 1000 participants was recruited from Turkey. As an indicator of the financial literacy level, a measure with three constructs was adopted: financial attitude, financial behaviour and financial knowledge. Logit model was estimated from these explanatory variables: gender, age, marital status, number of family members, education, income, number of persons with income, household income and working conditions. In the logit model results, the effect of gender, age and education was statistically significant and positive. The results emphasized that there is a relationship between financial literacy level and gender, age and education. Additionally, the results of this study indicated that the level of financial literacy is 52.9% in Turkey.
Object availability:
free access
Rights: https://creativecommons.org/licenses/by-nd/4.0 ;
Prawa autorskie (c) 2021 Copernican Journal of Finance & Accounting
Date:
2021.12.11
Type:
info:eu-repo/semantics/article;
info:eu-repo/semantics/publishedVersion
Language:
English
Source:
Copernican Journal of Finance & Accounting; Vol. 10 No. 1 (2021); 9-30;
Copernican Journal of Finance & Accounting; Tom 10 Nr 1 (2021); 9-30;
2300-3065;
2300-1240
Format:
application/pdf
Publisher:
Uniwersytet Mikołaja Kopernika w Toruniu
Relation: https://apcz.umk.pl/CJFA/article/view/35343/30716
Subject:
financial literacy;
financial behaviour;
financial knowledge;
financial attitudes
Identifier: https://apcz.umk.pl/CJFA/article/view/35343
Data provider:
Akademicka Platforma Czasopism

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