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Cultural Finance: how is financial information received?

In: Financial Education and Risk Literacy

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  • Barbara Alemanni
  • Shabnam Mousavi

Abstract

Financial literacy programs and policies focus mainly on providing information on financial products to help people make better decisions. We argue that the same information, however accessible, can be interpreted—and therefore acted upon—quite differently. The source of such differences is the culture of a society. Financial education policies can benefit from incorporating measures of cultural aspects into their approach.

Suggested Citation

  • Barbara Alemanni & Shabnam Mousavi, 2021. "Cultural Finance: how is financial information received?," Chapters, in: Riccardo Viale & Umberto Filotto & Barbara Alemanni & Shabnam Mousavi (ed.), Financial Education and Risk Literacy, chapter 11, pages 181-196, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19356_11
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    Keywords

    Economics and Finance;

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