The P-Fin Index: Four Years of Data to Understand Personal Finance in America

• PRESENTATIONS

November 05, 2020

Financial Literacy and Retirement Planning in Canada

• PUBLICATIONS

September 09, 2015

Abstract: In this paper, we draw on internationally comparable survey evidence on financial literacy and retirement planning in Canada to investigate how financially literate Canadians are and how financial literacy is linked to retirement planning. We find that 42 percent of… Read More »

FINANCIAL LITERACY AND RETIREMENT PLANNING IN CANADA

• WORKING PAPERS

December 17, 2014

Abstract: Financial literacy and Canadians’ capacity to plan for retirement is of primary importance for the policy debate over pension system reform in Canada. In this paper, we draw on internationally comparable survey evidence on financial literacy and retirement planning in… Read More »

OPTIMAL FINANCIAL KNOWLEDGE AND WEALTH INEQUALITY

• WORKING PAPERS

December 17, 2014

Abstract: Using a stochastic life cycle model with endogenous financial knowledge accumulation, we show that financial knowledge is a key determinant of wealth inequality. The mechanism we posit is that financial knowledge enables individuals to better allocate resources over their lifetimes… Read More »