Financial literacy: Thai middle class women do not lag behind

Arbeitspapier

This research studies the stylized fact of a "gender gap" in that women tend to have lower financial literacy than men. Our data which samples middle-class people from Bangkok does not show a gender gap. This result is not explained by men's low financial literacy, nor by women's high income and good education. Rather, it seems influenced by country characteristics on general gender equality and finance-related equality, such as little gender gaps regarding pupils' mathematics abilities or secondary school enrollment, and women's strong role in financial affairs. This may indicate ways to reduce the gender gap in financial literacy elsewhere.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: DIW Discussion Papers ; No. 1615

Classification and Topics

• Classification: Wirtschaft ; Household Saving; Personal Finance ; Economics of Gender; Non-labor Discrimination ; Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
• Subject: financial literacy ; financial behavior ; gender gap ; individual characteristics ; societal norms ; Thailand

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Grohmann, Antonia ; Hübler, Olaf ; Kouwenberg, Roy ; Menkhoff, Lukas
• Event: Veröffentlichung
• (who): Deutsches Institut für Wirtschaftsforschung (DIW)
• (where): Berlin
• (when): 2016

Further information

• Handle: http://hdl.handle.net/10419/148002
• Last update: 10.03.2025, 11:45 AM CET