Journal of
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Archive » February 2017 » Financial literacy and overconfidence of University students and young graduates

Financial literacy and overconfidence of University students and young graduates

Paola De Vincentiis, Patrizia Pia, Paola Zocchi
February 2017 - n. 2
Jel codes: D14, I21, I22

The paper explores the relationship between financial literacy, overconfidence and risk propensity in a sample of young University students and graduates both with and without a specific background in finance and financial markets. The analysis confirms a gender gap in financial literacy and investment behaviour, in line with the literature on the topic. A specific background in finance, though not being a driver of overconfidence, is related to a higher propensity towards equity investments.

 

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