What does numeracy add? Exploring financial literacy, numeracy and other skills amongst low-income adults in Canada and the UK
By:
References
- Atkinson, A. (2022). Financial Literacy Policy Trends. The International Review of Financial Consumers, 7(2), 13-20.
- Atkinson, A., McKay, S., Collard, S. & Kempson, E. (2007). Levels of financial capability in the UK. Public Money and Management, 27(1), 29-36.
- Cao-Alvira, J. J., Novoa-Hoyos, A. & Nunez-Torres, A. (2021). On the Financial Literacy, Indebtedness, and Wealth of Colombian Households. Review of Development Economics, 25(2), 978–993.
- Carpena, F. & Zia, B. (2020). The Causal Mechanism of Financial Education: Evidence from Mediation Analysis. Journal of Economic Behavior and Organization, 177, 143–184.
- Dituri, P., Davidson, A. & Marley-Payne, J. (2019). Combining Financial Education with Mathematics Coursework: Findings from a Pilot Study. Journal of Financial Counseling and Planning, 30(2), 313–322.
- Estrada-Mejia, C., Peters, E., Dieckmann, N. F., Zeelenberg, M., De Vries, M., & Baker, D. P. (2020). Schooling, Numeracy, and Wealth Accumulation: A Study Involving an Agrarian Population. Journal of Consumer Affairs, 54(2), 648–674.
- French, D. & McKillop, D. (2016). Financial literacy and over-indebtedness in low-income households. International Review of Financial Analysis, 48, 1–11.
- Graffeo, M. & Bonini, N. (2017). The Interaction between Frames and Numeracy in the Evaluation of Price Reductions. Economia Politica, 35(1), 239–250.
- Guest, G., Bunce, A. & Johnson, L. (2006). How Many Interviews Are Enough?: An Experiment with Data Saturation and Variability. Field Methods, 18(1), 59–82.
- Hennink, M. & Kaiser, B. N. (2022). Sample sizes for saturation in qualitative research: A systematic review of empirical tests. Social Science & Medicine, 292, 114523.
- Kempson, E. (2009). Framework for the Development of Financial Literacy Baseline Surveys: A First International Comparative Analysis. (OECD Working Papers on Finance, Insurance and Private Pensions No. 1.
- Lind, T., Ahmed, A., Skagerlund, K., Strömbäck, C., Västfjäll, D. & Tinghög, G. (2020). Competence, Confidence, and Gender: The Role of Objective and Subjective Financial Knowledge in Household Finance. Journal of Family and Economic Issues, 41(4), 626–638.
- Lusardi, A. & Mitchell, O. S. (2023). The Importance of Financial Literacy: Opening a New Field. National Bureau of Economic Research.
- McLeod, S. (2024). Thematic Analysis: A Step by Step Guide.
- OECD. (2005). Improving Financial Literacy: Analysis of Issues and Policies. Financial Market Trends, 2005(2), 111–123.
- OECD. (2014). PISA 2012 Results: Students and Money (Volume VI): Financial Literacy Skills for the 21st Century.
- OECD. (2015). National Strategies for Financial Education: OECD/INFE Policy Handbook.
- OECD. (2017). PISA 2015 Results (Volume IV): Students’ Financial Literacy.
- OECD. (2020). PISA 2018 Results (Volume IV): Are Students Smart About Money?.
- OECD. (2022). OECD/INFE Toolkit for Measuring Financial Literacy and Financial Inclusion.
- Peters, E., Shoots-Reinhard, B., Tompkins, M. K., Schley, D., Meilleur, L., Sinayev, A., Tusler, M., Wagner, L. & Crocker, J. (2017). Improving numeracy through values affirmation enhances decision and STEM outcomes. PLOS ONE, 12(7), e0180674.
- Skagerlund, K., Lind, T., Stromback, C., Tinghog, G. & Vastfjall, D. (2018). Financial Literacy and the Role of Numeracy—How Individuals’ Attitude and Affinity with Numbers Influence Financial Literacy. Journal of Behavioral and Experimental Economics, 74, 18–25.
- Storozuk, A., Retanal, F. & Maloney, E. A. (2023). Consumers with Math Anxiety, a Financially Vulnerable Group? Unpacking the Negative Relation Between Math Anxiety and Performance on a Price Comparison Task. Journal of Numerical Cognition.
- UNESCO-IBE. (2013). Glossary of curriculum terminology; 2013. UNESCO International Bureau of Education.
- Whiting, V., Harding, P. & Bamford, M. (2017). Modelling the impact of numeracy on financial capability. Money Advice Service, UK.
- Wallace, L., Morawcynski, O. & Shreya, N. (2022). G2P and Digital Financial Inclusion: Reflections on Progress and Recommendations for the Future. BMGF Financial Services for the Poor Practice Area.
Language: English
Page range: 29 - 44
Submitted on: Sep 24, 2024
Accepted on: Jan 5, 2025
Published on: Apr 4, 2025
Published by: International Academy of Financial Consumers
In partnership with: Paradigm Publishing Services
Keywords:
Related subjects:
© 2025 Adele Atkinson, Jerry Buckland, Emily Harle, published by International Academy of Financial Consumers
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.