Financial Literacy References and Studies

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This document provides a list of 57 references related to financial literacy. The references cover a wide range of topics including financial literacy among college students, the impact of f…

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REFERENCES

Alhabeeb, M. J. (1999). Allowances and the Economic Socialization of Children”,

Association for FinancialCounselling and Planning Education, 10 (2), 1-9.

Ali, S. (2013). Financial literacy in Malaysia: Issues and status update.

Allen, M. W., Edwards, R., Hayhoe, C. R. and Leach, L. (2007), Imagined

interaction, attitudes towards money and credit, and family coalitions, Journal of Family

and Economic Issues, 28, 3-22.

Ansong, A. (2011). Level of Knowledge in Personal Finance by University Freshmen

Business Students, African Journal of Business Management, 5 (22),pp. 8933-

8940. Available at: [Link]

Arnone, W. J. (1999). Selling the value of employee financial education to management. Paper

presented at the Personal Finance Employee Education Conference, Roanoke, VA.

Avard, S., Manton, E., English, D., and Walker, J. (2005). The financial knowledge of college

freshmen. College Student Journal, 39, 321-339.

Bandura, A. (1977). Social learning theory. Englewood Cliffs, NJ: Prentice-Hall.

Bayer, P. J., Bernheim, B. D., andScholz, J. K. (1996).Theeffects of financial education in the

workplace:Evidence from a survey of employers. Working PaperIssue 5655, Cambridge,

MA: NBER.
Beal, D. andDelpachtra, S. (2003). „Financial literacy among Australian university

students‟,Economic Papers, vol. 22, pp 65-78.

Bernheim, B. D., Garrett, D. M., and Maki, D. M. (2001).Education and saving: The long-term

effects of high school financial curriculum mandates. Journal of

Beverly, S. G., and Burkhalter, E. K. (2005).Improving the financial literacy and practices of

youth. Child Sch, 27(2),

Braunstein, S. and Welch, C. (2002). Financial literacy: An overview of practice, research and

policy. Federal Reserve Bulletin, 88, 445-457.

Chen, H. and Volpe, R. P. (1998).An analysis of personal financial literacy among college

students. Financial Services Review, 7(2), 107–128. doi:10.1016/S1057-

0810(99)80006-7

Chen, H. and Volpe, R. P. (2002).Gender differences in personal financial literacy among

college students. Financial Services Review, 11, 289–307.

Chen, H., and Volpe, R. P. (1998).An analysis of personal financial literacy among college

students. Financial Services Review, 7(2), 107–128. Do i:10.1016/S1057-

0810(99)800067

Chowa, G. and Ansong, D. (2010).Youth and Savings in Assets Africa. Children and

Youth Services Review, 32 (11), pp. 1591-1596.

Comeau.T, M., and Rhine, S. L. W. (2000).Delivery of financial literacy [Link] and

Community Affairs Division, 7, 12. Retrieved from

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Comptroller of the Currency (2011).Financial Literacy Fact [Link] March3,


2012, from Office of the Comptroller of the Currency:

[Link]

Consumer Federation of America (1993). Consumer student consumer knowledge: A

nationwide test. (Available from Consumer Federation of America, 1424 Sixteenth

Street, NW, Suite 604, Washington, D.C. 20036).

Dahlia I, Rabitah H, Zuraidah M. I. (2009).A study on financial literacy of Malaysian degree

students. [Link]., 5(4): 51-59.

Danes, S. M., and Hira, T. K. (1987).Money management knowledge of college students .The

Journal of Students Financial Aid, 17(1), 4–

Finke, M. (2009). Individual wealth management: Does self-esteem matter? Journal of Applied

Business and Economics, 10(2), 11-24.

Ford, M. W., and Kent, D. W. (2010). Gender Differences in Student Financial Market Attitudes

and Awareness: An Exploratory Study. Journal of Education for Business , 85, 7‐12.

Fox, J., Bartholomae, S., and Lee, J. (2005).Building the Case for Financial

Education. TheJournal of Consumer Affairs , 39 (1), 195‐214.

Garman, E.T., Sorhaindo, B., Prawitz, A., O‟Neill, B., Osteen, S., Kim, J., Drentea, P.,Haynes,

G., and Weisman, R.L. (2005). Development of and norms for the in charge financial

distress/financial well-being scale: A summary. Consumer Interests Annual,51, 233-238.

Gyabaah, N. (2009). Ghana National Strategy for Financial Literacy and Consumer

Protection in the Microfinance Sector, Ministry of Finance and Economic Planning

(MoFEB), Accra, Ghana.


Hanna, M. E., Hill, R. R. and Perdue,G.(2010).School of study and financial literacy. Journal of

Economics and Economic Education Research 11(3): 29-37.

Hilgert, M. A., Hogarth, J. M., and Beverly, S. G. (2003). Household financial management The

connection between knowledge and behavior. Federal Reserve Bulletin, 89, 309-322.

Hilgert, M. A., Hogarth, J. M., and Beverly, S. G. (2003). Household financial management:

The connection between knowledge and behavior. Federal Reserve Bulletin, 7, 309-322.

Hung, A. A., Parker, A. M., andYoong, J. K. (2009). Defining and measuring financial literacy.

RAND Labor Popul, WR708, 1–28.

Huston, S. J. (2009). The Concept and Measurement of Financial Literacy: Preliminary Results

from a New Survey on Financial Literacy Assessment.

Conference Presentation, Academy of Financial Services Annual Conference, Anaheim,

CA, October 9.

Ibrahim, D., Harun, R., and Isa, Z. M. (2009).A study on financial literacy of

Malaysian degree students. Cross cultural Communication, 5(4), 51–59.

Joo, S. and Garman, E. (1998). Workers want more than retirement education at theirworkplace:

A report of research findings. Personal Finances and Worker Productivity,2(2), 156–

161.

Joo, S., and Grable, J. E. (2000).Improving employee productivity: The role of financial

counseling and educationJournal of Employment Counseling, 37, 2-

15.

Jumpstart Coalition for Personal Financial Literacy 2008 [Link]

state_legislation/[Link]
Kim, J. K. (2003). Home-schooling helps students manage their money in college. Wall Str. J.,

20 August, p. 1.

Kim, J., and Garman, E. T. (2004).Financial stress, pay satisfaction, and workplace

[Link] and Benefits Review, 36(1), 69-76.

Lusardi, A. and Olivia M. (2008).Planning andFinancial Literacy. How Do Women

Fare?American Economic Review, 98(2), pp.

Lusardi, A. and Peter T. (2008).Debt Literacy, Financial Experiences, and Over indebtedness,

mimeo, Harvard Business School.

Lusardi, A. and Tufano, P.(2009). Debt literacy, financial experiences, and overindebtedness.

(NBERWorking Paper 14808). Cambridge, Mass.: National

Bureau of Economic Research.61-281.

Lusardi, A., and Mitchell,O.(2006).Financial Literacy and Planning: Implications For

Retirement Wellbeing, Pension Research Council Working Paper 1, The Wharton

School.

Lyons, A. C., Chang, Y., and Scherpf, E. M. (2006).Translating financial education into behavior

change for low-income populations. Financial Counseling and Planning, 17(2), 8-34.

Mandell, L. (2001). Improving Financial Literacy: What Schools and Parents Can and Cannot

Do. Washington, D.C.: Jumpstart Coalition

Mandell, L. (2006). Financial literacy: Improving education results of the 2006 national

Jump$tartsurvey. Washington, DC: Jumpstart Coalition.

Mandell, L. (2008). Financial Education in High School, in A. Lusardi (ed.),

Overcoming the Saving Slump: How to Increase the Effectiveness of Financial


Education and Saving Programs, Chicago: University of Chicago Press, pp.

257-279.

Mason, R.W. “and Schinder, P.S. “Business Research Methods”. 9th edn., MCGraw-

Hill, New York (2006)

National Council on Economic Education, (2005).What American teens and adults know about

economics,” Washington, D.C.

Neuman, W.L “Social Research Methods. Quantitative and Qualitative Approaches”.

6th edn. Pearson Education, Inc.U.S (2006)

Noctor, M., Stoney, [Link], R. (1992).Financial literacy. London, England: Report

prepared for the National Westminster Bank.

Organization for Economic Co-Operation and Development (2005).Improving

Financial Literacy: Analysis of Issues and Policies, Paris, France.

Peng, T., Bartholomae, S., Fox, J., and Cravener, G. (2007). The impact of personal finance

education delivered in high school and college courses. Financial Counseling and

Planning, 17(2), 27-45.27.

Perry, V. [Link] Morris, M. D. (2005). Who is in control? The role of self-perception, knowledge,

and income in explaining consumer financial behavior. Journal of Consumer Affairs,

39(2), 299-313.28.
Pillai, R., Carlo , R., andD'souza , R. (2010). Financial prudence among youth. Munich Personal

RePEc Archive, 22. Retrieved from

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President‟s Advisory Council on Financial Literacy. (2008). 2008 Annual Report to the

President, Washington, DC, US Department of the Treasury, p7Public Economics, 80,

435-465

Remund, D. L. (2010). Financial Literacy Explicated: The Case for a Clearer

Definition in an Increasingly Complex Economy. Journal of Consumer Affairs, 44,276–

[Link]: 10.1111/[Link] Journal of Consumer Affairs, 40, 208-

235.

Saunders, M. Lewis, P. Thornhill, A. “Research Methods for Business students” 4th edn. Pearson

Education Limited (2007)

Schagen,S and Lines, A.(1996).Financial literacy in adult life. National Foundation for

Educational Research.

Sullivan, T.J “Method of Social Research” Harcourt College Publishers, U.S. (2001)

Tekpeh S. (2010). Financial literacy week launched. The GhanaianTimes. Retrieved

January 17, 2011, [Link]/[Link].

U.S. Financial Literacy and Education Commission (2007). The National Strategy for Financial

Literacy, [Link] downloads/ [Link]

(accessed August 1, 2010).


Van Rooij, M., Lusardi, A., and Alessie, R. (2007).Financial literacy and stock market

participation.

White, J. (1999). The psychology of [Link] Canada, 23(1), 9.

World Bank (2009) The Case for Financial Literacy in Developing Countries, Washington:

World Bank, DFID and OECD

Worthington, A. (2006). Predicting financial literacy in Australia, Financial Services

Review, vol.15, no. 1, pp59-79.

Worthington, A. (2008). Knowledge and perceptions of superannuation in Australia,

Journal ofConsumer Policy, vol. 31, pp349-368.

Worthington, A. and Higgs,H. 2003. Factors explaining the choice of finance major:

the role of students‟ characteristics, personality and perceptions of the profession.

Accounting Education 12(3):

REFERENCES 
Alhabeeb, M. J. (1999). Allowances and the Economic Socialization of Children”,  
Association for FinancialCounse
Beal, D. andDelpachtra, S. (2003). „Financial literacy among Australian university 
students‟,Economic Papers, vol. 22, pp 65
2012,  
from  
Office  
of  
the  
Comptroller  
of  
the  
Currency:  
http://www.occ.treas.gov  
Consumer Federation of A
Hanna, M. E., Hill, R. R. and Perdue,G.(2010).School of study and financial literacy. Journal of 
Economics and Economic Educ
Kim, J. K. (2003). Home-schooling helps students manage their money in college. Wall Str. J., 
20 August, p. 1.  
Kim, J., an
Education and Saving Programs, Chicago: University of Chicago Press, pp.  
257-279.  
Mason, R.W. “and Schinder, P.S. “Busine
Pillai, R., Carlo , R., andD'souza , R. (2010). Financial prudence among youth. Munich Personal 
RePEc 
Archive, 
22. 
Retrie
Van Rooij, M., Lusardi, A., and Alessie, R. (2007).Financial literacy and stock market 
participation.  
White, J. (1999). Th

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