Anderson, A., Baker, F., & Robinson, D. T. (2012). Precautionary savings, retirement planning, and misperceptions of financial literacy. Journal of Financial Economics, 102(3), 593–610.
Barber, B. M., & Odean, T. (2001). Boys will be boys: Gender, overconfidence, and common stock investment. The Quarterly Journal of Economics, 116(1), 261–292. https://doi.org/10.1162/003355301556400
Behrman, J. R., Mitchell, O. S., Soo, C. K., & Bravo, D. (2012). How financial literacy affects household wealth accumulation. American Economic Review, 102(3), 300–304. https://doi.org/10.1257/aer.102.3.300
Brooks, C., & Williams, L. (2024). People are people: A comparative analysis of risk attitudes across Europe. International Journal of Finance & Economics, 29(3), 3545-3566. https://doi.org/10.1002/ijfe.2837
Calvet, L. E., Campbell, J. Y., & Sodini, P. (2009). Measuring the financial sophistication of households. American Economic Review, 99(2), 393–398. https://doi.org/10.1257/aer.99.2.393
Carroll, C. D. (1997). Buffer-stock saving and the life cycle/permanent income hypothesis. Quarterly Journal of Economics, 112(1), 1–55. https://doi.org/10.1162/003355397555109
Dohmen, T., Falk, A., Huffman, D., Sunde, U., Schupp, J., & Wagner, G. G. (2011). Individual risk attitudes: Measurement, determinants, and behavioral consequences. Journal of the European Economic Association, 9(3), 522–550. https://doi.org/10.1111/j.1542-4774.2011.01015.x
Gilliam, J., Chatterjee, S., & Grable, J. E. (2010). Measuring the perception of financial risk tolerance: A tale of two measures. Journal of Financial Counseling and Planning, 21(2), 30–43.
Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8(3), 163–181. https://doi.org/10.1016/S1057-0810(99)00041-4
Guiso, L., & Paiella, M. (2008). Risk aversion, wealth, and background risk. Journal of the European Economic Association, 6(6), 1109–1150. https://doi.org/10.1162/JEEA.2008.6.6.1109
Hermansson, C., & Jonsson, S. (2021). Financial literacy and risk aversion: The role of financial education in shaping financial behaviors. Journal of Financial Counseling and Planning, 32(2), 189–205. https://doi.org/10.1891/JFCP-19-00083
Lusardi, A., & Mitchell, O. S. (2014). The economic importance of financial literacy: Theory and evidence. Journal of Economic Literature, 52(1), 5–44. https://doi.org/10.1257/jel.52.1.5
Lusardi, A., & Mitchell, O. S. (2017). How ordinary consumers make complex economic decisions: Financial literacy and retirement readiness. The Quarterly Journal of Finance, 7(3), 1750008. https://doi.org/10.1142/S2010139217500082
Sinha, G., Sharma, A., & Kumar, R. (2016). Financial literacy, behavior, and precarity among young adults. Journal of Financial Education, 42(1), 123–137.
Stoian, A., Vintilă, N., Iorgulescu, F., Cepoi, C. O., & Dina Manolache, A. (2021). How risk aversion and financial literacy shape young adults’ investment preferences. MPRA Paper No. 109755. University Library of Munich, Germany.
Van Rooij, M., Lusardi, A., & Alessie, R. (2011). Financial literacy and stock market participation. Journal of Financial Economics, 101(2), 449–472. https://doi.org/10.1016/j.jfineco.2011.03.006