Gender gap in financial literacy: a lack of knowledge or confidence?

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By Bruegel. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Women are less financially literate than men. But does this gap reflect a lack of knowledge or a lack of confidence? To find out Maria Demertzis, deputy director of Bruegel is joined by Annamaria Lusardi, Professor of Economics and Accountancy at the George Washington University and non-resident fellow at Bruegel and Maarten van Rooij, senior economist at the Dutch Central Bank in The Sound of Economics.
Annamaria and Maarten explain their findings in a recently published paper that about one-third of the financial literacy gender gap can be explained by women’s lower confidence levels.
Relevant publication:
Bucher-Koenen F., R. Alessie, A. Lusardi and M. Rooij (2021) ‘Fearless woman: financial literacy and stock market participation’.

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