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Financial literacy, low incomes and financial stress in US households

Author

Listed:
  • Brenda Cude

    (University of Georgia Athens)

  • Gianni Nicolini

    (Università di Roma Tor Vergata)

Abstract

This paper analyzes how financial knowledge and income can be considered as indicators to avoid situations of financial stress. The hypothesis of the work is that financial literacy has a limited impact in presence of low incomes

Suggested Citation

  • Brenda Cude & Gianni Nicolini, 2014. "Financial literacy, low incomes and financial stress in US households," BANCARIA, Bancaria Editrice, vol. 10, pages 41-60, October.
    • Handle: RePEc:ban:bancar:v:10:y:2014:m:october:p:41-60
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    File URL: http://www.bancaria.it/en/financial-literacy-low-incomes-and-financial-stress-in-us-households
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    More about this item

    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • G01 - Financial Economics - - General - - - Financial Crises

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