1min chapter

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Dr. Annamaria Lusardi: The Economic Importance of Financial Literacy (EP.232)

The Rational Reminder Podcast

CHAPTER

How Do You Measure Financial Literacy?

How do you actually measure financial literacy? So it's not easy and when we started many many years ago and it was almost by accident we were told we only had three questions. We first of all realized that what we needed to look at the most fundamental concept, which is why in our for example victory we talked about interest compounding or calculation that concern interest rate. This is really something of course universal we talked about.

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