NEŠLEHA, Josef. Financial Literacy Level in the Czech Republic and Selected European Countries. Online. In Paola Demartini, Michela Marchiori. Proceedings of the 17th European Conference on Research Methodology for Business and Management Studies. Rome: Academic Conferences and Publishing International Limited Reading, 2018, p. 474-481. ISBN 978-1-911218-93-7.
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Basic information
Original name Financial Literacy Level in the Czech Republic and Selected European Countries
Authors NEŠLEHA, Josef (203 Czech Republic, guarantor, belonging to the institution).
Edition Rome, Proceedings of the 17th European Conference on Research Methodology for Business and Management Studies, p. 474-481, 8 pp. 2018.
Publisher Academic Conferences and Publishing International Limited Reading
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50206 Finance
Country of publisher Italy
Confidentiality degree is not subject to a state or trade secret
Publication form electronic version available online
WWW URL
RIV identification code RIV/00216224:14560/18:00103275
Organization unit Faculty of Economics and Administration
ISBN 978-1-911218-93-7
ISSN 2049-0976
UT WoS 000461833200061
Keywords in English financial literacy; financial education; research methodology; Czech Republic
Tags International impact, Reviewed
Changed by Changed by: Mgr. Daniela Marcollová, učo 111148. Changed: 26/4/2019 15:03.
Abstract
This paper deals with research into the financial literacy with focus on the system in the Czech Republic. First, it provides basic theory related to the financial literacy and it also provides chosen articles published in the past that relate to the financial education, mainly with emphasis on the financial literacy defining and measuring. The main goal of the paper is to describe a method of the financial literacy testing in the C zech Republic, being recently conducted, and to outline its characteristics, contributions, drawbacks and potential space f or an international comparison. The research is based on the assessment of the financial literacy among pupils on primary sc hools in the Czech Republic via a terrain investigation that has been commenced in 2017 and that continues in 2018. It is ba sed on a testing in bigger cities in the Czech Republic with different level of education, economic situation and the situat ion on the labour market. The testing covers all requested knowledge defined by the government (via the document called Th e Financial Literacy Standards) for primary schools’ pupils. The main outcome is a definition of strengths and weaknesses of the education and the financial literacy determinants. Last but not least, the contribution of the research is also to revi se the Financial Literacy Standards of the Czech Republic and t o compare if the real knowledge corresponds to the required knowl edge (required by the Financial Literacy Standards). Depending on the overall result, the testing is planned to be c onducted internationally, preferably in countries with similar attitude to the financial education.
Links
MUNI/A/0753/2017, interní kód MUName: Behaviorální, znalostní a ekonomické aspekty ovlivňující investiční rozhodování subjektů
Investor: Masaryk University, Category A
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