Empowering Women Through Financial Awareness and Education

Angela Hungi ; Joanne Yoongi ; Elizabeth Browni iRAND Corporation

Organisation for Economic Co-operation and Development

关键词: financial capability;    gender;    financial education;    consumer protection;    Women;    financial literacy;   

DOI  :  https://doi.org/10.1787/5k9d5v6kh56g-en

学科分类：社会科学、人文和艺术（综合）

来源: OECD iLibrary

【 摘 要 】

The potential implications of gender differences in financial literacy are far-reaching. This paper describes the findings of a review of the literature on gender differences in financial literacy with the aim to better understand their causes and consequences, as well as possible policy responses. It provides a starting point to collect further evidence, develop analytical work and case studies, and to identify areas that deserve further research, thus paving the way for future work to be developed by the OECD and the INFE.A relatively broad range of empirical literature documents the existence of gender differences in financial literacy in various countries and along several dimensions. On average, women perform worse than men on tests of financial knowledge and have less confidence in their financial skills. However, so far policy awareness of the existence and relevance of these differences is quite low.The literature (albeit so far limited) on what drives such gender differences points to several potentially complementary explanations including differences in skills, attitudes, and opportunities. In this context, the contribution of improved and targeted financial education programmes aimed at better addressing women’s needs is promising and worth exploring further.