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Assessing financial literacy in 12 countries: an OECD/INFE international pilot exercise*

Published online by Cambridge University Press:  11 October 2011

ADELE ATKINSON  and
FLORE-ANNE MESSY
ADELE ATKINSON
Affiliation:
OECD (e-mail: adele.atkinson@oecd.org)
FLORE-ANNE MESSY
Affiliation:
OECD (e-mail: flore-anne.messy@oecd.org)
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Abstract

The OECD International Network on Financial Education has addressed the demand for an internationally comparable measure of financial literacy by developing a financial literacy questionnaire that can be used across a diverse range of countries. This questionnaire takes into account knowledge, behaviours, and attitudes related to personal finance and is designed to identify similarities and differences in levels of financial literacy around the world. It is currently being piloted in 12 countries, with the expectation that the final survey instrument will become a useful tool for policy-makers, academics, and financial education programme designers seeking to identify robust questions to assess financial literacy.

Keywords

Financial literacymeasurementquestionnaireinternational comparisonfinancial behaviourOECD
Type
Articles
Information
Journal of Pension Economics & Finance , Volume 10 , Issue 4 , October 2011 , pp. 657 - 665
Copyright
Copyright © Cambridge University Press 2011

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