NotesFAQContact Us
Search Tips
Peer reviewed Peer reviewed
Direct linkDirect link
ERIC Number: EJ1097292
Record Type: Journal
Publication Date: 2016
Pages: 11
Abstractor: As Provided
ISSN: ISSN-0022-0485
Financial Literacy of High School Students: Evidence from Germany
Erner, Carsten; Goedde-Menke, Michael; Oberste, Michael
Journal of Economic Education, v47 n2 p95-105 2016
After graduating high school, underage individuals soon face ever more complex and important financial decisions. Pivotal to the development of improved financial literacy programs is a comprehensive examination of financial literacy levels and potentially related factors. The authors conducted a survey among German high school students and found similarly weak performances on standard financial literacy measures as have been documented for other samples. Female students and those with a low level of integration exhibit significantly lower financial literacy across measures. Additionally, basic financial literacy is related to mathematical skills, while sophisticated financial literacy is related to a student's general cognitive aptitude and foreign language skills. Subpopulations identified by these factors should be given attention in the development of more targeted financial literacy programs.
Routledge. Available from: Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site:
Publication Type: Journal Articles; Reports - Research
Education Level: High Schools; Secondary Education; Grade 10
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Germany
Grant or Contract Numbers: N/A