Financial literacy is recognised as an essential life-skill. On International Women’s Day, this blog discusses gender differences in financial literacy and their potential implications.
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A survey of the literature on asset price impacts on the real economy shows a much wider range of work on consumption and related wealth effects than on investment.
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
This paper argues that serious fiscal vulnerabilities arising from many years of high government debt will create new and complex interactions between public debt management and monetary policy.
The study concludes that two technical key assumptions need to hold for the standard micro portfolio approach to yield optimal (i.e. cost-minimising) results.We argue that these assumptions do not hold in the current borrowing environment characterized by fiscal dominance with complex links between public debt management and monetary policy.
The ISSA/IOPS/OECD Complementary and Private Pensions Database is available to the public in the ISSA's country profiles' section on the ISSA website.
Leading researchers, pension funds, endowment and sovereign wealth funds from across Europe, Asia and the Americas will come together to discuss asset allocation and diversification strategies, equity, emerging markets and infrastructure investments.
Discussions at this meeting focused on the global financial situation and regulatory reforms; capital flows; regional financial markets; financial education and consumer protection in Asia; and, regulation, supervision and risk management of Asian banks.
Taking place in Goa, India, this event addressed international issues and global trends relating to investor education, with a particular focus on investor education in Asia.
Europe's sovereign debt crisis has exposed structural weaknesses in economic governance that now threaten the entire euro region. Efforts to reinforce public finances and preserve the currency union must go further than solutions proposed to date.