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Document type:
Journal of Pension Economics and Finance ; NBER Working Paper No. 17110 
Author(s):
Bucher-Koenen, Tabea; Lusardi, Annamaria 
Title:
Financial literacy and retirement planning in Germany 
Abstract:
We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial concepts is lacking among women, the less educated, and those living in East Germany. In particular, those with low education and low income in East Germany have little financial literacy compared to their West German counterparts. Interestingly, there is no gender disparity in financial knowledge in the East. In order to investigate the nexus of causality between financial literac...    »
 
Keywords:
Arbeitspapier/Diskussionspapier 
Year:
2011