Gender, stock market participation and financial literacy

被引:203
|
作者
Almenberg, Johan [1 ]
Dreber, Anna [2 ]
机构
[1] Sveriges Riksbank, SE-10337 Stockholm, Sweden
[2] Stockholm Sch Econ, Dept Econ, S-11383 Stockholm, Sweden
关键词
Stock market participation; Gender; Financial literacy; Numeracy; Risk attitudes;
D O I
10.1016/j.econlet.2015.10.009
中图分类号
F [经济];
学科分类号
02 ;
摘要
Women participate less than men in the stock market and score lower on financial literacy. We explore the link between this gender gap in stock market participation and financial literacy. Using survey data on a random sample of 1300 individuals that is representative of the Swedish population, we show that the estimated gender gap in stock market participation diminishes when we control for basic financial literacy, essentially a measure of numeracy. A gender gap in risk taking remains significant also when controlling for financial literacy. (C) 2015 Elsevier B.V. All rights reserved.
引用
收藏
页码:140 / 142
页数:3
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