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Financial Literacy among the Young: Evidence and Implications for Consumer Policy

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NBER2009-09-01 更新2025-01-04 收录
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We examined financial literacy among the young using data from the 1997 National Longitudinal Survey of Youth. We showed that financial literacy is low among the young; fewer than one-third of young adults possess basic knowledge of interest rates, inflation, and risk diversification. Financial

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2009-09-01
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