Fernando de Oliveira Santini|Wagner Júnior Ladeira|Frederike Monika Budiner Mette|Mateus Canniatti Ponchio
The antecedents and consequences of financial literacy: a meta-analysis
Universidade do Vale do Rio dos Sinos|Universidade do Vale do Rio dos Sinos|Escola Superior de Propaganda e Marketing|Escola Superior de Propaganda e Marketing
purpose purpose paper determine antecedents consequences financial literacy using metaanalytic techniques designmethodologyapproach authors conducted metaanalysis 44 valid studies generated total 690 observations effect sizes findings findings showed factors influencing financial literacy follows educational level financial attitude financial knowledge financial behaviour gender household income investments consequences financial literacy behaviour incurring avoidable credit checking fees credit score willingness take investment risks authors also find methodological cultural economic theoretical moderations effects financial literacy antecedentconsequent constructs research limitationsimplications metaanalysis reviewed relationships found worldwide literature financial literacy authors also identified new avenues future research specific limitations nonuse qualitative studies registered originalityvalue research tested impact antecedents consequences moderators financial literacy via metaanalytical review metaanalysis contributes marketing financial literature offering set empirical generalisations direct moderation effects investigated