IDEAS home Printed from https://ideas.repec.org/a/ags/ijfaec/231358.html
   My bibliography  Save this article

Does Financial Literacy Contribute To Food Security?

Author

Listed:
  • Carman, Katherine Grace
  • Zamarro, Gema

Abstract

Food insecurity, not having consistent access to adequate food for active, healthy lives for all household members is most common among low income households. However, income alone is not sufficient to explain who experiences food insecurity. This study investigates the relationship between financial literacy and food security. We find that low income households who exhibit financial literacy are less likely to experience food insecurity.

Suggested Citation

  • Carman, Katherine Grace & Zamarro, Gema, 2016. "Does Financial Literacy Contribute To Food Security?," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(1), pages 1-19, January.
    • Handle: RePEc:ags:ijfaec:231358
    DOI: 10.22004/ag.econ.231358
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/231358/files/vol4.no1.pp1.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.231358?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Craig Gundersen & Brent Kreider & John Pepper, 2011. "The Economics of Food Insecurity in the United States," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 33(3), pages 281-303.
    2. Pangaribowo, Evita Hanie & Gerber, Nicolas & Torero, Maximo, 2013. "Food and Nutrition Security Indicators: A Review," Working Papers 147911, University of Bonn, Center for Development Research (ZEF).
    3. Anna D'Souza & Dean Jolliffe, 2012. "Rising Food Prices and Coping Strategies: Household-level Evidence from Afghanistan," Journal of Development Studies, Taylor & Francis Journals, vol. 48(2), pages 282-299, August.
    4. Santeramo, Fabio Gaetano & Shabnam, Nadia, 2015. "The income-elasticity of calories, macro and micro nutrients: What is the literature telling us?," MPRA Paper 63754, University Library of Munich, Germany.
    5. Bruce Ian Carlin & David T. Robinson, 2012. "What Does Financial Literacy Training Teach Us?," The Journal of Economic Education, Taylor & Francis Journals, vol. 43(3), pages 235-247, July.
    6. Justine Hastings & Ebonya Washington, 2010. "The First of the Month Effect: Consumer Behavior and Store Responses," NBER Chapters, in: Income Taxation, Trans-Atlantic Public Economics Seminar (TAPES), pages 142-162, National Bureau of Economic Research, Inc.
    7. Binswanger, Johannes & Carman, Katherine Grace, 2012. "How real people make long-term decisions: The case of retirement preparation," Journal of Economic Behavior & Organization, Elsevier, vol. 81(1), pages 39-60.
    8. D'Souza, Anna & Jolliffe, Dean, 2010. "Rising food prices and coping strategies : household-level evidence from Afghanistan," Policy Research Working Paper Series 5466, The World Bank.
    9. Annamaria Lusardi & Olivia Mitchell, 2007. "Financial Literacy and Retirement Planning: New Evidence from the Rand American Life Panel," Working Papers wp157, University of Michigan, Michigan Retirement Research Center.
    10. Shapiro, Jesse M., 2005. "Is there a daily discount rate? Evidence from the food stamp nutrition cycle," Journal of Public Economics, Elsevier, vol. 89(2-3), pages 303-325, February.
    11. Santeramo, Fabio Gaetano, 2014. "On the composite indicators for food security: Decisions matter!," MPRA Paper 58955, University Library of Munich, Germany.
    12. Raquel Fonseca & Kathleen J. Mullen & Gema Zamarro & Julie Zissimopoulos, 2012. "What Explains the Gender Gap in Financial Literacy? The Role of Household Decision Making," Journal of Consumer Affairs, Wiley Blackwell, vol. 46(1), pages 90-106, March.
    13. Francesco Caracciolo & Fabio Gaetano Santeramo, 2013. "Price Trends and Income Inequalities: Will Sub-Saharan Africa Reduce the Gap?," African Development Review, African Development Bank, vol. 25(1), pages 42-54, March.
    14. Annamarie Lusardi & Olivia S. Mitchell, 2005. "Financial Literacy and Planning: Implications for Retirement Wellbeing," Working Papers wp108, University of Michigan, Michigan Retirement Research Center.
    15. Manski, Charles F. & Molinari, Francesca, 2010. "Rounding Probabilistic Expectations in Surveys," Journal of Business & Economic Statistics, American Statistical Association, vol. 28(2), pages 219-231.
    16. Fabio G. Santeramo, 2015. "Food security composite indices: implications for policy and practice," Development in Practice, Taylor & Francis Journals, vol. 25(4), pages 594-600, May.
    17. Andrew M. Parker & Leandro S. Carvalho & Susann Rohwedder, 2013. "Cognitive Ability, Expectations, and Beliefs about the Future: Psychological Influences on Retirement Decisions," Working Papers wp298, University of Michigan, Michigan Retirement Research Center.
    18. Unknown, 2001. "Second Food Security Measurement And Research Conference, Volume Ii: Papers," Food Assistance and Nutrition Research Reports 33883, United States Department of Agriculture, Economic Research Service.
    19. Coleman-Jensen, Alisha & Gregory, Christian & Singh, Anita, 2014. "Household Food Security in the United States in 2013," Economic Research Report 183589, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ashish Joshi & Arushi Arora & Chioma Amadi-Mgbenka & Nidhi Mittal & Shruti Sharma & Bhavya Malhotra & Ashoo Grover & Archa Misra & Menka Loomba, 2019. "Burden of household food insecurity in urban slum settings," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-24, April.
    2. Katherine Consavage Stanley & Paige B. Harrigan & Elena L. Serrano & Vivica I. Kraak, 2021. "Applying a Multi-Dimensional Digital Food and Nutrition Literacy Model to Inform Research and Policies to Enable Adults in the U.S. Supplemental Nutrition Assistance Program to Make Healthy Purchases ," IJERPH, MDPI, vol. 18(16), pages 1-25, August.
    3. Kaipeng Wang & Nicholas J. Bishop, 2019. "Social support and monetary resources as protective factors against food insecurity among older Americans: findings from a health and retirement study," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 11(4), pages 929-939, August.
    4. Sylvain Charlebois & Janet Music & Shannon Faires, 2021. "The Impact of COVID-19 on Canada’s Food Literacy: Results of a Cross-National Survey," IJERPH, MDPI, vol. 18(10), pages 1-13, May.
    5. Nyanzu, Frederick, 2022. "The joint effects of financial literacy and women’s empowerment training, and financial inclusion on food security: Evidence from Ghana," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322160, Agricultural and Applied Economics Association.
    6. Santeramo, Fabio Gaetano, 2016. "Methodological challenges in building composite indexes: Linking theory to practice," MPRA Paper 73276, University Library of Munich, Germany.
    7. Craig Gundersen & David R. Just & Katie Fitzpatrick, 2017. "Bank Accounts, Nonbank Financial Transaction Products, and Food Insecurity among Households with Children," Journal of Consumer Affairs, Wiley Blackwell, vol. 51(3), pages 631-658, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nadia Shabnam & Fabio Gaetano Santeramo & Zahid Asghar & Antonio Seccia, 2016. "The Impact of Food Price Crises on the Demand for Nutrients in Pakistan," Journal of South Asian Development, , vol. 11(3), pages 305-327, December.
    2. Maricic, Milica & Bulajic, Milica & Dobrota, Marina & Jeremic, Veljko, 2016. "Redesigning The Global Food Security Index: A Multivariate Composite I-Distance Indicator Approach," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(1), pages 1-18, January.
    3. Pemberton, Carlisle & Patterson-Andrews, Hazel & Sormeaux, Afiya De, 2016. "Relative Vulnerability Of Selected Caribbean States To Changes In Food Security Due To Tropical Storms And Hurricanes," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(1), pages 1-12, January.
    4. Joanne W. Hsu, 2016. "Aging and Strategic Learning: The Impact of Spousal Incentives on Financial Literacy," Journal of Human Resources, University of Wisconsin Press, vol. 51(4), pages 1036-1067.
    5. Fabio Gaetano Santeramo & Emilia Lamonaca, 2021. "Food Loss–Food Waste–Food Security: A New Research Agenda," Sustainability, MDPI, vol. 13(9), pages 1-7, April.
    6. Cotti, Chad D. & Gordanier, John M. & Ozturk, Orgul D., 2020. "Hunger pains? SNAP timing and emergency room visits," Journal of Health Economics, Elsevier, vol. 71(C).
    7. Jeffrey H Dorfman & Christian Gregory & Zhongyuan Liu & Ran Huo, 2019. "Re‐Examining the SNAP Benefit Cycle Allowing for Heterogeneity," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 41(3), pages 404-433, September.
    8. Van Tuong Nguyen & Minh Duc Doan, 2020. "The Correlation between Financial Literacy and Personal Saving Behavior in Vietnam," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(6), pages 590-603, June.
    9. Arie Kapteyn & Jinkook Lee & Caroline Tassot & Hana Vonkova & Gema Zamarro, 2015. "Dimensions of Subjective Well-Being," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 123(3), pages 625-660, September.
    10. Tiehen, Laura & Newman, Constance & Kirlin, John A., 2017. "The Food-Spending Patterns of Households Participating in the Supplemental Nutrition Assistance Program: Findings From USDA's FoodAPS," Economic Information Bulletin 262461, United States Department of Agriculture, Economic Research Service.
    11. Chand, Digambar & Gartia, Rajendra, 2016. "Divergence Of Food And Nutritional Security- A Study On Western Odisha," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(1), pages 1-22, January.
    12. Santeramo, Fabio Gaetano & Carlucci, Domenico & De Devitiis, Biagia & Seccia, Antonio & Stasi, Antonio & Viscecchia, Rosaria & Nardone, Gianluca, 2017. "Emerging trends in European food, diets and food industry," MPRA Paper 82105, University Library of Munich, Germany.
    13. Brüggen, Elisabeth C. & Hogreve, Jens & Holmlund, Maria & Kabadayi, Sertan & Löfgren, Martin, 2017. "Financial well-being: A conceptualization and research agenda," Journal of Business Research, Elsevier, vol. 79(C), pages 228-237.
    14. Santeramo, Fabio Gaetano, 2016. "Methodological challenges in building composite indexes: Linking theory to practice," MPRA Paper 73276, University Library of Munich, Germany.
    15. Marta Marson & Donatella Saccone & Elena Vallino, 2023. "Total trade, cereals trade and undernourishment: new empirical evidence for developing countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 159(2), pages 299-332, May.
    16. Hinnosaar, Marit, 2016. "Time inconsistency and alcohol sales restrictions," European Economic Review, Elsevier, vol. 87(C), pages 108-131.
    17. Almada, Lorenzo N. & Tchernis, Rusty, 2018. "Measuring effects of SNAP on obesity at the intensive margin," Economics & Human Biology, Elsevier, vol. 31(C), pages 150-163.
    18. Abdoul G. Sam & Babatunde O. Abidoye & Sihle Mashaba, 2021. "Climate change and household welfare in sub-Saharan Africa: empirical evidence from Swaziland," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 13(2), pages 439-455, April.
    19. Christopher M. Bacon & Gregory A. Baker, 2017. "The rise of food banks and the challenge of matching food assistance with potential need: towards a spatially specific, rapid assessment approach," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 34(4), pages 899-919, December.
    20. Viscecchia, Rosaria & De Devitiis, Biagia & Carlucci, Domenico & Nardone, Gianluca & Santeramo, Fabio, 2018. "On Consumers' Acceptance of Nanotechnologies: An Italian Case Study," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 9(4), August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ijfaec:231358. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iiaaktr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.