The Stability and Predictive Power of Financial Literacy: Evidence From Longitudinal Data

• POLICY BRIEFS

October 29, 2020

Summary: We administered the FINRA Investor Education Foundation’s National Financial Capability Study (NFCS) questionnaire to members of the RAND American Life Panel (ALP) in 2012 and 2018. Using this longitudinal data set, we investigate the evolution of financial literacy over… Read More »