Literaturnachweis - Detailanzeige
Autor/inn/en | Happ, Roland; Hahn, Jinsoo; Jang, Kyungho; Rüter, Ines |
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Titel | Financial Knowledge of University Students in Korea and Germany |
Quelle | In: Research in Comparative and International Education, 17 (2022) 2, S.301-327 (27 Seiten)Infoseite zur Zeitschrift
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Sprache | englisch |
Dokumenttyp | gedruckt; online; Zeitschriftenaufsatz |
ISSN | 1745-4999 |
DOI | 10.1177/17454999221086357 |
Schlagwörter | Cross Cultural Studies; Money Management; Banking; Insurance; Gender Differences; Scores; Measurement; Social Systems; Foreign Countries; Tests; Information Seeking; Student Attitudes; Knowledge Level; Undergraduate Students; Comparative Education; South Korea; Germany |
Abstract | This study compares the financial knowledge of Korean (N = 1006) and German (N = 1346) university students. The country-specific adaptations of the US-American Test of Financial Literacy was used to assess financial knowledge. Financial knowledge can be divided into three areas (everyday money management; banking; insurance). German students show a slightly higher knowledge of everyday money management and insurance. Korean students tend to be stronger in the area banking. The paper examines the impact of gender on financial knowledge and the role of financial information gathering. A gender difference is determined in Germany, but not in Korea. Male students in Germany score higher than female students. An analysis of variance shows that Korean as well as German students who inform themselves more frequently about financial topics achieve a higher financial knowledge score. The article shows that it is possible to validly measure financial knowledge in Germany and Korea, which have different economic systems. (As Provided). |
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Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
Update | 2024/1/01 |