Call For Papers
Journal of Financial Management, Markets and Institutions (JFMI) Special Issue on Financial Literacy
GUEST EDITORS:
Paola Bongini, University of Milan-Bicocca (IT), Luca Colombo (Universita Cattolica di Milano), Malgorzata Iwanicz-Drozdowska (Warsaw School of Economics)
In recent years, financial literacy has gained the attention of a wide range of organizations, both at the national level - policymakers and financial regulatory authorities - and at the international level (OECD, World Bank). Interested groups are concerned that consumers may lack the minimum knowledge of financial concepts to be able to make informed financial decisions in their day-by-day life, namely: budgeting; managing effectively their money, credit and debt; assessing needs for insurance and protection; evaluating the different risks and returns involved in savings and investment options; saving for long-term goals. Financial crises intensify the risks that less financially literate consumers face: lacking the sophistication required to absorb financial shocks, they are more vulnerable to financial market fluctuation. While financial literacy studies have not a long tradition, a rapidly growing body of research - both in economics and social sciences - has now been devoted to the assessment of financial literacy metrics and financial education programs.
Researchers in economics, public policy, consumer sciences, education, business, marketing, social work, sociology, psychology, communication and related fields are encouraged to submit papers focusing on financial literacy - a combination of awareness, knowledge, skill, attitude and behavior which are necessary to make sound financial decisions and ultimately achieve individual financial well-being. Proposals should be research oriented, and could include empirical research or rigorous case-study research.
TOPICS: Research topics for the special issue may include but are not limited to:
- Assessment of financial literacy: evaluations of metrics, survey questions, and methodologies to effectively measure financial literacy
- Financial information seeking behavior: optimal combinations of financial information, advice, regulation, disclosure, and delivery mechanisms, including default options, and their impact on starting and maintaining positive financial habits
- Financial literacy pre-requisites: types of knowledge that best motivate and facilitate financial action, and how such knowledge is acquired
- Financial literacy and potential gaps: the role of diversity (gender, ethnicity, age, education) in building financial awareness
- Financial literacy and barriers: the importance of financial literacy and financial education programs in reducing barriers to accessing credit and financial services
- Financial literacy in the work place: financial education programs for employees on retirement and investing
- School-based financial literacy: preparing youth and their families to plan for their futures, save for retirement and other long term goals, and/or successfully manage their credit and debt
- Financial education programs: evaluations of the delivery of financial education programs that identify effective approaches, delivery channels, and other resources that enhance effectiveness; exploring how games and simulations, on-line learning platforms, mobile applications, and other technology-based financial education and information tools can be used to deliver effective financial knowledge and skills
PAPER SUBMISSION PROCEDURE: Manuscripts must be submitted electronically from July 31, 2014 to December 5th, 2014 at the following web page address: http://jfmi.univpm.it/index.php/jfmi/user/register
Calls for Conferences: