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Archive » October 2014 » Financial literacy, low incomes and financial stress in US households

Financial literacy, low incomes and financial stress in US households

Brenda Cude, Gianni Nicolini
October 2014 - n. 10
Jel codes: I22, G01

This paper analyzes how financial knowledge and income can be considered as indicators to avoid situations of financial stress. The hypothesis of the work is that financial literacy has a limited impact in presence of low incomes

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