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Download full textKim, Kyoung Tae; Lee, Jae Min; DeVaney, Sharon A. – Journal of Financial Counseling and Planning, 2022
This study explores the association between financial knowledge and financial fragility. Data from the 2015 National Financial Capability Study were used to create an index of financial fragility. Relationships between this index and three different measures of financial knowledge were assessed. To mitigate potential endogeneity in the financial…
Descriptors: Money Management, Knowledge Level, Social Influences, Neighborhoods
