A Comparison of Financial Literacy between Native and Immigrant School Students

Autor/in	Grama?ki, Iulian
Titel	A Comparison of Financial Literacy between Native and Immigrant School Students
Quelle	In: Education Economics, 25 (2017) 3, S.304-322 (19 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Zusatzinformation	ORCID (Grama?ki, Iulian)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0964-5292
DOI	10.1080/09645292.2016.1266301
Schlagwörter	Money Management; Knowledge Level; Secondary School Students; Unskilled Workers; Second Language Learning; Family Income; Mathematics Tests; Scores; Achievement Tests; Foreign Countries; International Assessment; Regression (Statistics); Cross Cultural Studies; Least Squares Statistics; Statistical Analysis; Program for International Student Assessment + Suchen Sie Ihr Suchwort? Wissensbasis; Sekundarschüler; Unskilled worker; Hilfsarbeiter; Zweitsprachenerwerb; Familieneinkommen; Achievement test; Achievement; Testing; Test; Tests; Leistungsbeurteilung; Leistungsüberprüfung; Leistung; Testdurchführung; Testen; Ausland; Regression; Regressionsanalyse; Cultural comparison; Kulturvergleich; Statistische Analyse
Abstract	This paper investigates the gap in Financial Literacy (FL) between native and immigrant 15-year-old school students using data from the 2012 PISA Financial Literacy Assessment. The size of the gap is about 0.15 standard deviations, going up to 0.3 for first-generation immigrants. This is partly because immigrants have poorer economic background, parents that work in lower-skilled jobs, do not speak the test language at home and are placed in later student cohorts. Controlling for this via OLS or matching reduces the unexplained gap, but it still remains significant and displays considerable country-level heterogeneity. It ceases to be significant when the Math score is partialled out. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01