The Resource Providing financial education : a general equilibrium approach, Mario Padula and Yuri Pettinicchi, (electronic resource)

Providing financial education : a general equilibrium approach, Mario Padula and Yuri Pettinicchi, (electronic resource)

Label
Providing financial education : a general equilibrium approach
Title
Providing financial education
Title remainder
a general equilibrium approach
Statement of responsibility
Mario Padula and Yuri Pettinicchi
Creator
Contributor
Author
Subject
Language
eng
Summary
Since the early 2000s, the importance of financial literacy for safe financial behaviors has increased in public debate and has been the motivation for several national and international institutions to launch and promote financial education initiatives. Although discussion on the effects of such education programs remains open, it is generally presumed that higher levels of financial literacy are associated with more stable financial markets. The present paper challenges this assumption and provides a model of heterogeneous agents which differ according to the level of their cognitive abilities. The model allows us to discuss the implications for asset pricing of policies aimed at increasing levels of financial literacy, and shows that general equilibrium effects cause market price volatility and the share of literate individuals to vary in a non-monotonic way with financial education
Member of
Cataloging source
GZM
http://library.link/vocab/creatorName
Padula, Mario
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Pettinicchi, Yuri
  • Centre for Economic Policy Research (Great Britain)
Series statement
  • Discussion paper series,
  • Financial economics
  • Labour economics
  • Public policy
Series volume
no. 9556
http://library.link/vocab/subjectName
  • Financial literacy
  • Finance, Personal
  • Consumer education
Label
Providing financial education : a general equilibrium approach, Mario Padula and Yuri Pettinicchi, (electronic resource)
Link
http://www.cepr.org.ezproxy.eui.eu/content/discussion-papers
Instantiates
Publication
Note
  • "July 2013."
  • "Submitted 04 July 2013."
Bibliography note
Includes bibliographical references (pages 19-21)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb1747100x
Extent
1 online resource (41 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia.
Media type code
  • c
Other physical details
illustrations.
Specific material designation
remote
System control number
(OCoLC)852942474
Label
Providing financial education : a general equilibrium approach, Mario Padula and Yuri Pettinicchi, (electronic resource)
Link
http://www.cepr.org.ezproxy.eui.eu/content/discussion-papers
Publication
Note
  • "July 2013."
  • "Submitted 04 July 2013."
Bibliography note
Includes bibliographical references (pages 19-21)
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier.
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent.
Control code
FIEb1747100x
Extent
1 online resource (41 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia.
Media type code
  • c
Other physical details
illustrations.
Specific material designation
remote
System control number
(OCoLC)852942474

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