FINANCIAL LITERACY OF YOUNG PEOPLE IN THE CZECH REPUBLIC: RESEARCH INTO FACTORS AND COMPARISON OF SELECTED GROUPS
| Authors | |
|---|---|
| Year of publication | 2016 |
| Type | Article in Proceedings |
| Conference | ICISSS 2016 (Oxford) Conference Proceedings: International Conference on Interdisciplinary Social Science Studies |
| MU Faculty or unit | |
| Citation | |
| Field | Management and administrative |
| Keywords | financial literacy; group comparison; predictor; regression analysis; comparison |
| Description | The goal of the submitted article is to provide information concerning the research whose target is to find out whether exist some gaps between different groups of people in the Czech Republic in terms of financial literacy, especially comparison of financial literacy for males and females and comparison of rural and urban population. The target audience are people at the age between 18 and 30 years whose permanent residence is in the Czech Republic. Besides comparison of particular groups, another target is to analyse predictors of financial literacy. The research is based on a questionnaire which consists of two parts - the first is focused on demographic information about respondents, while the second one consists of questions testing respondent’s financial literacy. The tested areas are personal finance, interest rates, inflation, bank products, macroeconomic indicators and other related fields. The used methods are descriptive statistics, t-tests and linear regression. |
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