Financial literacy : a growing concern in modern society

Sonia Marcolin; Anne Abraham

Financial literacy : a growing concern in modern society

Sonia Marcolin
, Anne Abraham

Research output: Chapter in Book / Conference Paper › Conference Paper

Abstract

This paper highlights the ongoing need for financial literacy research in a rapidly changing society with deregulated markets, new financial products, ready availability of credit and an emphasis on self-reliance. A discussion of the importance of financial literacy for both individuals and the economy is followed by a review of studies conducted in Australia, the United States and the United Kingdom. The studies are compared and analysed to determine areas of both commonality and inconsistency. As a result of this analysis, the paper presents recurrent themes that could be extended, together with potential new areas for financial literacy research.

Original language	English
Title of host publication	Proceedings of the 7th Asian Academic Accounting Association Annual Conference, Sydney, Australia, 17-19 September, 2006
Publisher	Asian Academic Accounting Association
Number of pages	29
Publication status	Published - 2006
Event	Asian Academic Accounting Association. Conference - Duration: 1 Jan 2006 → …

Conference

Conference	Asian Academic Accounting Association. Conference
Period	1/01/06 → …

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth

Keywords

finance
financial literacy
finance, personal
credit
deregulation
financial institutions

Cite this

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title = "Financial literacy : a growing concern in modern society",

abstract = "This paper highlights the ongoing need for financial literacy research in a rapidly changing society with deregulated markets, new financial products, ready availability of credit and an emphasis on self-reliance. A discussion of the importance of financial literacy for both individuals and the economy is followed by a review of studies conducted in Australia, the United States and the United Kingdom. The studies are compared and analysed to determine areas of both commonality and inconsistency. As a result of this analysis, the paper presents recurrent themes that could be extended, together with potential new areas for financial literacy research.",

keywords = "finance, financial literacy, finance, personal, credit, deregulation, financial institutions",

author = "Sonia Marcolin and Anne Abraham",

year = "2006",

language = "English",

booktitle = "Proceedings of the 7th Asian Academic Accounting Association Annual Conference, Sydney, Australia, 17-19 September, 2006",

publisher = "Asian Academic Accounting Association",

note = "Asian Academic Accounting Association. Conference ; Conference date: 01-01-2006",

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TY - GEN

T1 - Financial literacy : a growing concern in modern society

AU - Marcolin, Sonia

AU - Abraham, Anne

PY - 2006

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N2 - This paper highlights the ongoing need for financial literacy research in a rapidly changing society with deregulated markets, new financial products, ready availability of credit and an emphasis on self-reliance. A discussion of the importance of financial literacy for both individuals and the economy is followed by a review of studies conducted in Australia, the United States and the United Kingdom. The studies are compared and analysed to determine areas of both commonality and inconsistency. As a result of this analysis, the paper presents recurrent themes that could be extended, together with potential new areas for financial literacy research.

AB - This paper highlights the ongoing need for financial literacy research in a rapidly changing society with deregulated markets, new financial products, ready availability of credit and an emphasis on self-reliance. A discussion of the importance of financial literacy for both individuals and the economy is followed by a review of studies conducted in Australia, the United States and the United Kingdom. The studies are compared and analysed to determine areas of both commonality and inconsistency. As a result of this analysis, the paper presents recurrent themes that could be extended, together with potential new areas for financial literacy research.

KW - finance

KW - financial literacy

KW - finance, personal

KW - credit

KW - deregulation

KW - financial institutions

UR - http://handle.uws.edu.au:8081/1959.7/489112

M3 - Conference Paper

BT - Proceedings of the 7th Asian Academic Accounting Association Annual Conference, Sydney, Australia, 17-19 September, 2006

PB - Asian Academic Accounting Association

T2 - Asian Academic Accounting Association. Conference

Y2 - 1 January 2006

ER -

Financial literacy : a growing concern in modern society

Abstract

Conference

UN SDGs

Keywords

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Cite this