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Financial Literacy and Gender Differences: Women Choose People While Men Choose Things?

Year: 2022

Type: article

Abstract: According to gender personality traits, women are more interested in people, whereas men are more interested in things. The goal of this research is to see if there is a gender gap in financial literacy and if these disparities can be explained by different areas of interest. A convenience sample of nearly a thousand responses was received in quantitative research. The findings clearly show that women have lower financial literacy than men, but there is no indication that this is due to men and women’s differing interests in people and things.

Source: Administrative Sciences

DOI: 10.3390/admsci12040179

Authors: Sigurdur Gudjonsson, Inga Minelgaite, Kari Kristinsson, Sigrún Pálsdóttir

Institution: University of Iceland

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Gender equality, Reduced inequalities

Open Access status: gold

Estimated APC paid: $1,466